PNB Housing Finance Issues IEPF Transfer Notice for Unclaimed Dividend Shares

2 min read     Updated on 29 Apr 2026, 09:09 PM
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AI Summary

PNB Housing Finance Limited published newspaper advertisements on April 28, 2026, in compliance with SEBI regulations, notifying shareholders about the transfer of unclaimed dividend shares to IEPF Authority. The notice addresses dividend declared for FY 2018-19 on July 29, 2019, with a response deadline of August 10, 2026. The company has launched the 'Saksham Niveshak' campaign from April 01 to July 09, 2026, encouraging shareholders to update KYC details and claim unpaid dividends to prevent IEPF transfer.

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PNB Housing Finance Limited has published newspaper advertisements on April 28, 2026, notifying shareholders about the mandatory transfer of unclaimed dividend shares to the Investor Education and Protection Fund (IEPF) Authority. The notification was issued in compliance with Regulation 30 and 47 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance and IEPF Transfer Notice

The company has fulfilled its regulatory obligations by publishing advertisements in Business Standard (English and Hindi) on April 28, 2026. These notices inform shareholders about the impending transfer of shares where dividends have remained unclaimed for seven consecutive years or more to the IEPF pursuant to Section 124(5) and 124(6) of the Companies Act, 2013.

Parameter: Details
Publication Date: April 28, 2026
Newspapers: Business Standard (English and Hindi)
Regulatory Framework: SEBI Regulations 30 and 47
Legal Basis: Companies Act 2013, Sections 124(5) and 124(6)

Specific Dividend and Timeline Details

The notice specifically addresses the dividend declared for financial year 2018-19 on July 29, 2019, which has remained unclaimed for seven years. The company has established clear timelines for shareholders to respond and claim their dividends before the mandatory transfer occurs.

Timeline Component: Date
Dividend Declaration: July 29, 2019 (FY 2018-19)
Shareholder Response Deadline: August 10, 2026
IEPF Transfer Due Date: As per regulatory compliance

The company has sent individual communications to concerned shareholders at their registered addresses, providing them with an opportunity to claim their unclaimed dividends before the transfer deadline.

Saksham Niveshak Campaign Initiative

Pursuant to the Ministry of Corporate Affairs communication dated March 27, 2026, PNB Housing Finance has initiated the Second 100 Days Campaign titled "Saksham Niveshak" running from April 01, 2026 to July 09, 2026. This campaign aims to encourage shareholders who have not claimed their dividends or updated their KYC details to take necessary action.

Key Campaign Objectives:

  • Encourage shareholders to update KYC and nomination details
  • Facilitate claiming of unpaid dividends
  • Prevent transfer of dividend amounts and shares to IEPF
  • Ensure direct bank account receipt of future dividends

Shareholder Action Requirements

Shareholders are advised to update their bank account particulars in their respective demat accounts to ensure direct receipt of future dividends. The company has provided comprehensive support through its Registrar and Transfer Agents for shareholders requiring assistance.

Support Channel: Contact Details
Online Request: https://web.in.mps.mufg.com/helpdesk/Service.Request.html
RTA Contact: MUFG Intime India Private Limited
Phone: 022-49186000
Email: investor.helpdesk@in.mps.mufg.com
Website: www.in.mps.mufg.com

Important Regulatory Implications

The notice emphasizes that all future benefits arising on transferred shares will also be transferred to the IEPF Authority. Shareholders are informed that no claims can be made against the company for unclaimed dividend amounts and equity shares transferred to IEPF pursuant to the regulations. However, affected shareholders retain the right to claim these amounts from the IEPF Authority by submitting online applications in the prescribed e-Form IEPF-5 available on www.mca.gov.in .

The company has uploaded complete details of affected shareholders on its website at www.pnbhousing.com under the 'Investors' section, allowing shareholders to verify their details including name, DPID Client ID, and unclaimed amounts. This comprehensive approach ensures transparency and provides shareholders with multiple avenues to access relevant information and take appropriate action before the transfer deadline.

Historical Stock Returns for PNB Housing Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+0.91%+7.55%+32.52%+12.81%+6.77%+236.67%

How might the success of the 'Saksham Niveshak' campaign impact PNB Housing Finance's future dividend distribution costs and shareholder engagement strategies?

What potential effects could the IEPF share transfers have on PNB Housing Finance's shareholding pattern and voting dynamics in upcoming AGMs?

Will PNB Housing Finance implement enhanced digital communication channels to prevent future unclaimed dividends following this IEPF transfer experience?

PNB Housing Finance Co MD Confirms 18-20% Retail Loan Growth Target for FY27

1 min read     Updated on 22 Apr 2026, 09:07 AM
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AI Summary

PNB Housing Finance's Co Managing Director has officially confirmed the company's ambitious growth targets for FY27, including 18-20% retail loan growth and achieving INR 1 lakh crore loan book. This executive endorsement validates the housing finance company's strategic expansion plans and demonstrates strong leadership commitment to scaling operations in the competitive retail lending market.

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PNB Housing Finance has received official confirmation from its Co Managing Director regarding the company's ambitious growth targets for FY27. The Co MD has reaffirmed the housing finance company's strategic plans to achieve retail loan growth of 18-20% and reach the significant milestone of INR 1 lakh crore in its loan book.

Leadership Endorsement of Growth Strategy

The Co Managing Director's statement provides executive-level validation of the company's previously announced growth objectives, demonstrating strong leadership commitment to the expansion strategy:

Parameter: Target
Retail Loan Growth (FY27): 18-20%
Loan Book Target: INR 1 lakh crore
Leadership Confirmation: Co Managing Director

This executive endorsement reinforces confidence in the company's ability to execute its strategic roadmap and achieve the outlined financial targets.

Strategic Vision and Market Positioning

The Co MD's confirmation underscores PNB Housing Finance's commitment to scaling operations and strengthening its market presence in the competitive housing finance sector. The focus on retail loan growth indicates the company's strategic emphasis on individual borrowers and residential financing, which forms the core business model for housing finance companies.

Financial Milestone and Expansion Plans

The goal of reaching INR 1 lakh crore in loan book represents a major financial milestone that would significantly enhance the company's market position. This target, now backed by executive confirmation, demonstrates PNB Housing Finance's strategic approach to sustainable expansion while maintaining focus on its core retail lending business.

The combination of targeted retail loan growth and the ambitious loan book milestone, validated by senior management, positions PNB Housing Finance for substantial growth in the housing finance industry.

Historical Stock Returns for PNB Housing Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+0.91%+7.55%+32.52%+12.81%+6.77%+236.67%

What specific strategies will PNB Housing Finance implement to compete with established players and capture market share in the increasingly competitive housing finance sector?

How will rising interest rates and potential economic headwinds impact PNB Housing Finance's ability to maintain 18-20% retail loan growth through FY27?

What capital raising initiatives or funding arrangements will be required to support the expansion to INR 1 lakh crore loan book target?

More News on PNB Housing Finance

1 Year Returns:+6.77%