Destimoney

Destimoney picks up 26% in PNB Housing Finance

In a deal amounting to Rs 217 crore, Punjab National Bank (PNB) has roped in Destimoney, formerly Dawnay Day, as a strategic investor in its wholly-owned housing finance subsidiary PNB Housing Finance Ltd (PNBHFL).

Portfolio Company News

Destimoney

NSR completed its acquisition of all entities forming part of the Dawnay Day AV Group in India, pursuant to an Option Agreement executed in August 2008. Consequently, all group companies have been renamed and are in the process of being reorganized under a single holding company, Destimoney Enterprises Pvt. Ltd (“Destimoney”).

Company HQ: 
Mumbai, India
Year of Investment: 
2008
Industry Sectors: 
Financial Services