Articles for tag: CEO resignation, market reaction,

Rajiv Sharma

Why PNB Housing Finance Shares Crashed

Why PNB Housing Finance Shares Crashed

On August 1, shares of PNB Housing Finance experienced a significant crash following the announcement of CEO Girish Kausgikar’s resignation. The reasons behind Kausgikar’s departure remain unclear, as the company has only confirmed that he has stepped down from his role as the head of PNB Housing Finance. The board has accepted his resignation, raising ...