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PNB Housing Fin asked to get shareholder nod for rewarding execs in bumper PE exit

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PNB Housing Fin asked to get shareholder nod for rewarding execs in bumper PE exit
Credit: Shah Junaid/VCCircle

Increasingly vigilant of profit-sharing agreements, capital markets regulator the Securities and Exchange Board of India has asked PNB Housing Finance Ltd to obtain shareholder approval for any rewards its senior executives may receive from its erstwhile investor Destimoney Enterprises Ltd (DEL) Mauritius.DEL Mauritius has revived the proposal to make ex-gratia ......

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