Ajay Kumar Shukla named PNB Housing Finance MD & CEO; shares jump 4%.

• Ajay Kumar Shukla appointed as the new MD & CEO of PNB Housing Finance, effective December 18, 2025, for a 5-year term, pending shareholder approval.
• Shukla brings over 30 years of experience in housing and mortgage lending, having previously worked at Tata Capital Housing Finance, ICICI Bank, and LIC Housing Finance.
• PNB Housing Finance's stock rose 4% on the day and has climbed 13% in the last three months.
• Vipin Malhotra has been nominated as the company's Internal Auditor, effective November 30, 2025.
• PNB Housing Finance is a subsidiary of Punjab National Bank, offering housing loans and property-backed loans.

Why It Matters: New leadership at PNB Housing Finance sparks stock rally, showing investor trust.