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Carlyle Group sells its entire stake in India's PNB Housing
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Carlyle Group sells its entire stake in India's PNB Housing
May 26, 2025 12:12 AM

May 2 (Reuters) - U.S. private equity firm Carlyle Group ( CG )

has sold its entire 10.44% stake in India's PNB Housing Finance

via block deals, according to an exchange filing on

Friday.

Carlyle was the second-largest shareholder in the

non-banking finance company and held its stake via an affiliate

called Quality Investment Holdings, the filing said.

The PE firm made its first investment in the mortgage lender

in 2015.

Shares of PNB Housing closed up 4.14% on Friday.

($1 = 83.8300 Indian rupees)

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