Sebi sends notices to PNBHF to protect investor interests
Wed, Jul 14, 2021 9:09 AM

Sebi sends notices to PNBHF to protect investor interests

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The market regulator Sebi negotiated in the PNB Housing Finance-Carlyle Group deal to protect the interests of small shareholders, the watchdog explained the Securities Appellate Tribunal (SAT) on Tuesday. Sebi also relied upon a July 7 letter from the parent Punjab National Bank that asked PNB Housing to reconsider the terms of the preferential allotment to Carlyle.

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