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HomeMarket NewsPNB Housing Finance shares change hands in block deal; Carlyle Group entity likely seller
CNBC-TV18 had earlier reported, citing sources, that Quality Investment Holdings PCC, an entity backed by global private equity firm Carlyle, was likely offloading a 10.44% stake in the housing finance company through this transaction.
By Asmita Pant May 2, 2025, 9:06:28 AM IST (Published)
Shares of PNB Housing Finance changed hands in a large block deal on Friday (May 2), though the identities of the buyers and sellers remain undisclosed.
CNBC-TV18 had earlier reported, citing sources, that Quality Investment Holdings PCC, an entity backed by global private equity firm Carlyle, was likely offloading a 10.44% stake in the housing finance company through this transaction. At the floor price of ₹960 per share, representing a 5% discount to the stock’s closing price of ₹1,010 on Wednesday, the block deal is estimated to be valued at around ₹2,603.9 crore.
IIFL Capital is believed to be the broker facilitating the deal.
Shares of PNB Housing Finance closed nearly 2% lower on Wednesday, but remain up 11% year-to-date in 2025.
