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 PNB Housing Finance shares plunged by nearly 10% to ₹887.60 following the announcement that MD & CEO Girish Kousgi will resign to pursue external opportunities, effective October 28, 2025 . His resignation was accepted at a board meeting held on July 31, 2025 . 🔍 Share Price Reaction & Immediate Impact Around 9:28 AM on August 1, 2025 , the stock hit the lower circuit band, trading around ₹887.60—a drop of nearly 10%. Other reports indicated that in morning trades, shares declined nearly 15%, with intra-day lows hitting ₹838.30 on BSE. 💼 Leadership Change: What Happened & Why It Matters Girish Kousgi tendered his resignation on July 30 , which was accepted on July 31, 2025 . He will work closely with the board and senior management to oversee a smooth transition until his final day at the end of October 2025. Kousgi also resigned as director of subsidiary entities— PHFL Home Loans and PEHEL Foundation . 🔄 Search for Successor The company confirm...

  Investing Basics: Zerodha:  This is the stockbroker that we use to invest in stocks. It’s great for beginners because of its fast trading platform (KITE) and user friendly app whose interface is really easy to navigate. The best part is that there are  Zero commissions for delivery trading   and flat Rs 20 for all other trades!  You’ll save a lot of un-necesary brokerage while trading in stocks with this broker! Moneycontrol :  We would recommend using Moneycontrol to preform research on companies while you are investing in the stock market. You can look at companies’ financial statements, ratios, historical data, and more. Moneycontrol is available on both web and app (android/ios).  Stock Exchange Websites: NSE India:  https://www.nseindia.com BSE India:  http://www.bseindia.com Important Links on NSE/BSE: Bulk/ Bulk Deal (BSE) Bulk/Block Deal (NSE) Download the complete list of NSE Stocks Download the complete list of BSE Stocks Securiti...