PNB Housing Finance shares tank 16% after resignation of MD & CEO, Girish Kousgi

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PNB Housing Finance's shares plummeted after Girish Kousgi, the MD & CEO, resigned to pursue other opportunities, effective October 28, 2025. The company affirmed its commitment to growth and stability, initiating a search for a new leader. While shares dropped significantly intraday, they have shown positive growth over the past year and five years.