PNB HOUSING FIN Share price

The Company was incorporated as “PNB Housing Finance Private Limited” on November 11 1988 as a private limited company under the Companies Act 1956 with a certificate of incorporation granted by the RoC. Pursuant to conversion of the Company to a public limited company the name was changed to “PNB Housing Finance Limited” and the RoC certified the change of name upon conversion to a public limited company on December 30 1989.Awards and accreditations2016- Awarded for Excellence in Corporate Social Responsibility by the Dainik Bhaskar Group.- Recognized as ET Best BFSI Brands 2016 by Economic Times2015- Awarded for contribution to corporate social responsibility by CREDAI- Best Apprenticeship / On the Job training program Gold Award at the 7th Annual Tata Institute of Social Sciences.2014- Recognised by Microsoft for being a pioneer investor in Cloud Services and Solutions in India.- National Award for excellence in Talent Management 2014.- Awarded for its Significant Contribution to Housing for the year 2013-2014 by Housing and Urban Development Corporation Limited.- Awarded for successful completion of 25 years of service by Dun & Bradstreet.2013- Awarded Special Commendation Award during the Best Change Interventions of Asia Seminar & Awards.Major events and milestones1988- Incorporation of the Company.2003- The Company was notified under the SARFAESI Act.2006- Crossed the Rs. 10000.00 million loan portfolio.2009- PNB sold 26% of its stake in the total issued subscribed and paid-up share capital of the Company to DEL.2010- Launched the business process re-engineering project “Kshitij”.2012- DEL increased its shareholding to 49% in the Company pursuant to the conversion of CCDs issued to DEL in 2009.- Gross and net NPAs were brought lower than 0.50% of the asset portfolio.2013- Crossed Rs.10000.00 million retail deposits.- AA+ rating by CRISIL of the NCDs and bank term loans and FAAA rating for the deposits.2014- Profit after tax crossed Rs.1000.00 million and the portfolio crossed Rs.100000.00 million.- AAA rating by CRISIL for NCD Borrowing program.2015- Implemented end-to-end Enterprise System Solution.- AAA rating by ICRA and India Ratings (Fitch Group) for NCD borrowing program.2016- Crossed Rs.27 billion loan portfolio and Rs.7 billion deposits.