PNB Housing Finance Limited — Others, 17-06-2025: Security Cover Certificate

PNB Housing Finance Limited has confirmed a security cover of 1.14 times for its outstanding non-convertible debentures (NCDs), based on audited financials for the year ended March 31, 2025. The asset cover includes exclusive charges on various assets such as loans (₹41,997.20 Cr book value), investments (₹3,380.76 Cr), and cash/bank balances. Debt securities covered by this certificate amount to ₹5,374.38 Cr. The certification was provided by the company’s debenture trustee and statutory auditors, affirming the accuracy of the security cover and compliance with agreed terms, ensuring adequate collateral backing for debenture holders.