The shares were picked up at an average price of Rs 900 apiece, taking the transaction value to Rs 90 crore.
Meanwhile, a foreign investor Asia Opportunities V (Mauritius) Ltd trimmed its stake by offloading shares of PNB Housing at the same price.
After the transaction, Asia Opportunities V holding in PNB Housing has come down to 0.94 per cent from 1.34 per cent.
Shares of PNB Housing Finance rose 2.33 per cent to close at Rs 922.80 apiece.
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In August this year, Asia Opportunities V (Mauritius) offloaded a 3 per cent stake in PNB Housing Finance for over Rs 676 crore. Before that, in May, Asia Opportunities V (Mauritius) and General Atlantic divested a cumulative 4.46 per cent stake in PNB Housing Finance for Rs 843 crore.
