The board of PNB Housing on May 31 approved placement of 82 million preferential equity shares and 20.5 million share warrants with Pluto Investments, a Carlyle Group company, and Salisbury Investments, the family investment vehicle of former HDFC Bank MD Aditya Puri. General Atlantic Singapore Fund FII Pte Ltd and Alpha Investments V Pte Ltd are the other proposed investors.
from Industry-Economic Times
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