The voting result on the capital infusion led has been kept in abeyance till July 5 following a Securities Appellate Tribunal (SAT) order, allowing the voting to take place. The mortgage lender had appealed to SAT after market regulator Securities & Exchange Board stopped it from seeking shareholders' nod on the issue before doing an valuation through any independent agency.source https://economictimes.indiatimes.com/industry/banking/finance/pnb-housing-shareholders-approve-appointment-of-ceo-and-other-directors-amid-capital-infusion-controversy/articleshow/83844680.cms
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