PNB Housing Finance participated in a significant investor engagement event, meeting with institutional investors at the Advantage India - Axis Capital's Flagship India Conference on February 10, 2026. The company's senior leadership team engaged with multiple institutional investors through structured meetings in Mumbai.

Management Participation

The company was represented by its top leadership team during the conference. The participating executives included:

• Ajai Kumar Shukla - Managing Director & CEO
• Vinay Gupta - Chief Financial Officer
• Chaitanya Yadav - National Head, Corporate Planning & Investor Relations

The management team participated in both group discussions and one-on-one meetings with institutional investors during the event.

Conference Details

Institutional Investor Participation

The conference attracted participation from 16 prominent institutional investors and fund management companies. The participating organizations included major mutual funds, insurance companies, and investment management firms:

• Morgan Stanley Investment Management
• ICICI Prudential Asset Management
• HDFC Mutual Fund
• Kotak Mutual Fund
• Eastspring Investments
• ASK Investment Managers
• TT International
• ICICI Prudential Life Insurance
• Birla Sun Life Insurance
• Kotak Life Insurance
• Axis Pension Fund
• Shriram Mutual Fund
• LGT Wealth India
• One Up Financial
• Salgaonkar Family Office
• Oxbow Capital Management

Discussion Topics and Compliance

The discussions during the conference covered several key areas of the company's operations and strategic direction. The subject matter included business strategy, margins, asset quality, government schemes return profile, and the company's future outlook. The company emphasized that all discussion topics were covered in detail through previously submitted materials including investor presentations, earnings call recordings and transcripts, and press releases already available to stock exchanges.

The company confirmed that no unpublished price sensitive information was shared during the meetings, ensuring full compliance with regulatory requirements. This intimation was submitted pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the information was also made available on the company's website.

PNB Housing Finance Limited has issued a comprehensive postal ballot notice seeking shareholder approval for critical board appointments and remuneration matters through remote e-voting.

Key Resolutions for Shareholder Approval

The company has proposed three ordinary resolutions for member consideration:

E-Voting Schedule and Process

The remote e-voting process has been structured with specific timelines for shareholder participation:

Leadership Appointments

Managing Director and CEO Appointment

Mr. Ajai Kumar Shukla has been proposed for appointment as Managing Director and CEO for a five-year term effective December 18, 2025. The 52-year-old professional brings over 30 years of experience in housing and mortgage lending business, having previously served as Chief Business Officer at TATA Capital Housing Finance Limited for 16 years.

Key Remuneration Components:

• Annual Total Fixed Pay: INR 2,00,00,000
• Performance-linked Variable Pay: INR 1,00,00,000 (on achieving 100% business targets)
• One-time joining bonus: INR 60,00,000 (with 2-year lock-in period)
• ESOPs: 2,00,000 options at Rs. 932.85 per option
• RSUs: 32,508 units with progressive vesting schedule

Nominee Director Appointment

Mr. Dipankar Mahapatra, a 51-year-old General Manager at Punjab National Bank, has been nominated as Non-Executive Director effective February 05, 2026, for a five-year term. He holds qualifications including B.Sc (Physics), MBA, and CAIIB, with extensive experience across multiple banking verticals including Large Corporate Credit and Zonal Office operations.

Sitting Fee Approval

The company seeks approval for paying sitting fees totaling Rs. 22,50,000 to Mr. Dilip Kumar Jain, who served as Non-Executive Nominee Director until his resignation on February 04, 2026. The payment covers his attendance at 10 Board meetings and 25 Committee meetings from September 01, 2025, following his superannuation from Punjab National Bank.

Regulatory Compliance and Documentation

The postal ballot notice has been issued in compliance with Sections 108 and 110 of the Companies Act, 2013, SEBI Listing Regulations, and relevant MCA circulars. The company has obtained necessary RBI approvals for the proposed appointments under Non-Banking Financial Companies Governance Directions, 2025.

Shareholders can access the complete notice and voting instructions through the company's website at www.pnbhousing.com , stock exchange websites, and NSDL's e-voting platform. The scrutinizer appointed for the e-voting process is Mr. Sujeet Kumar from Sanjay Grover & Associates, Company Secretaries.