PNB Housing Finance Limited has filed its Annual Report for the Financial Year 2025-26 along with the Notice convening its 38th Annual General Meeting (AGM), scheduled to be held on Monday, August 17, 2026 at 03:00 P.M. (IST) through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The filing, made on July 23, 2026, was submitted to both BSE Limited and the National Stock Exchange of India Limited in compliance with Regulations 30, 34, and 53 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Financial Highlights for FY26

FY26 marked a year of strong, well-rounded performance for the company. The following table summarises the key financial metrics:

Total disbursements for FY26 stood at ₹26,548 crore, registering a 21% YoY growth over ₹21,972 crore in FY25. The company sanctioned 1,27,055 loans during FY26, a growth of 10% over the previous year. Recoveries from written-off pool accounts stood at ₹332 crore in FY26, contributing to a negative credit cost of 45 basis points.

Segment Performance

Growth was broad-based across all retail segments during FY26:

The Affordable Housing and Emerging Markets segments together contributed 48% of total retail disbursements and 40% of the retail loan asset. The company added 36 new branches during FY26, taking its total network to 392 branches, with 229 in the Affordable Housing segment and 85 in the Emerging Markets segment. The company serves customers across 21 states.

Credit Rating Upgrades

The company received notable credit rating upgrades during FY26. India Ratings and Research upgraded its long-term rating from AA+ to AAA with Stable outlook in Q3 FY26. Subsequently, CARE Ratings Limited upgraded the company's long-term rating from AA+ 'Stable' to AAA 'Stable' on May 7, 2026, covering deposits, bonds (including Tier 2 bonds), debentures, and bank facilities. ICRA assigned a rating of AA+ with Stable outlook for enhanced long-term bank facilities, while CRISIL continued its AA+ with Stable outlook rating.

AGM Details and E-Voting Schedule

The 38th AGM will be conducted through VC/OAVM in accordance with MCA General Circulars and SEBI guidelines. National Securities Depository Limited (NSDL) has been engaged as the e-voting agency. The key dates are as follows:

The AGM agenda includes adoption of standalone and consolidated financial statements for FY26, declaration of a dividend of ₹8 per equity share of face value ₹10 each, re-appointment of Mr. D. Surendran as Non-Executive Nominee Director, approval of material related party transactions with Punjab National Bank and PNB Gilts Limited, offer or invitation for subscription of NCDs up to ₹10,000 crore on private placement basis, increase in borrowing limits from ₹1,05,000 crore to ₹1,50,000 crore, and appointment of Mr. Shreekant and Mr. Rajiv Kumar Singh as Independent Directors.

Dividend and CSR

The Board of Directors at its meeting held on April 20, 2026 recommended a dividend of ₹8 per equity share for FY26, compared to ₹5 per equity share declared for FY25, subject to shareholder approval at the AGM. The total CSR obligation for FY26 was ₹42,24,56,492, with ₹12,01,77,035 spent during the year across healthcare, education, women empowerment, environment, and sports initiatives. The company has impacted over 6.5 lakh beneficiaries through its CSR programmes. The Annual Report 2025-26 and the Notice of the 38th AGM are available on the company's website at www.pnbhousing.com .

PNB Housing Finance Ltd has scheduled its 38th Annual General Meeting (AGM) for Monday, August 17, 2026, at 03:00 P.M. IST through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The Board of Directors, meeting on April 20, 2026, recommended a dividend of ₹8 per equity share of face value ₹10 each for the financial year 2025-26, subject to shareholder approval. The record date to determine eligibility for the dividend is fixed as Friday, July 31, 2026. If declared, the dividend will be paid within 30 days from the conclusion of the AGM directly into shareholders' bank accounts via electronic mode.

The Board also approved the appointment of Mr. Shreekant and Mr. Rajiv Kumar Singh as Additional Directors in the Independent Director category for a term of three years, effective July 10, 2026. Additionally, the Board recommended raising funds via Non-Convertible Debentures (NCDs) aggregating up to INR 10,000 Crore on a private placement basis. The detailed terms and conditions of the NCD issuance will be submitted post-finalization following member approval at the AGM.

Mr. Shreekant brings over 34 years of experience in the banking sector, having served in leadership roles at the State Bank of India (SBI), including as Chief General Manager. Mr. Rajiv Kumar Singh is a Fellow Chartered Accountant and a Certified Information Systems Auditor with nearly three decades of experience in banking, financial services, and risk management. Both directors satisfy the criteria of independence prescribed under the Companies Act, 2013, and SEBI Listing Regulations.

The Board proposed alterations to the Company’s Articles of Association (AOA) to remove obsolete provisions and align with the Companies Act, 2013. The proposed amendments include aligning provisions for share certificates and authentication of documents, rationalizing shareholder nomination rights, and updating Board composition. The Notice of the AGM along with the Annual Report for FY26 will be sent only by electronic mode to members whose email addresses are registered with the Company or Depository Participants.

Key Appointments

AGM Proposals

• Dividend: ₹8 per equity share for FY26; Record date fixed as July 31, 2026.
• Fundraising: Issuance of NCDs up to INR 10,000 Crore via private placement.
• Governance: Alteration of Articles of Association to align with statutory requirements.