PNB Housing Finance Ltd appoints Mr. Ajai Kumar Shukla as MD and CEO

Based on the recommendation of the Nomination and Remuneration Committee and post regulatory approvals, the Board of Directors of PNB Housing Finance Limited at its Meeting held today, i.e., on Friday, December 12, 2025, has approved the appointment of Mr. Ajai Kumar Shukla (DIN:11358498), as Managing Director & Chief Executive Officer (MD & CEO) and Key Managerial Personnel of the Company, effective from December 18, 2025, for a period of 5 (five) years, subject to the approval of shareholders.

Mr. Ajai Kumar Shukla is aged 52 years. He is an MBA and possesses over 30 years of experience in Housing and Mortgage Lending business. He has been working with TATA Capital Housing Finance Limited for last 16 years. He is currently working with Tata Capital Housing Finance Limited as the Chief Business Officer. He has also headed Credit, Risk, Valuation, Digital Transformation and Affordable Housing Finance in TATA Capital. Prior to TATA Capital, he had worked with ICICI Bank in Mortgage business for more than 7 years in various roles & responsibilities across various regions. Mr Ajai had started his career with LIC Housing Finance Limited and worked there for 7 years.

Shares of PNB Housing Finance Limited was last trading in BSE at Rs. 899.60 as compared to the previous close of Rs. 883.80. The total number of shares traded during the day was 26471 in over 1214 trades.

The stock hit an intraday high of Rs. 906.60 and intraday low of 864.15. The net turnover during the day was Rs. 23709545.00.

Source : Equity Bulls

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PNBHousingFinance INE572E01012 Appointment MD CEO