GIC Housing Finance Ltd (GICHSGFIN) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by GIC Housing Finance Ltd on NSE and BSE, with an AI summary of each filing.
Change in Senior Management Personnel
Change in Management · 03 Nov 2026, 11:42 pm
GIC Housing Finance Announces Repatriation of Senior Management Personnel B. B. Phonde GIC Housing Finance Ltd. announced that Shri B. B. Phonde, Senior Vice President and Head of HR & Admin Department, ceased to be part of the Senior Management Personnel effective from the close of business hours on 3rd Nov'26. The cessation comes following his repatriation to promoter entity The New India Assurance Co. Ltd. pursuant to a transfer order. The company confirmed there are no other material reasons behind the senior management change.
Intimation under Reg 30 & 51 of SEBI (LODR) Regulations 2015 for appointment of Smt. Lavanya Mundayur (DIN 10884921) as an Additional Director (Non-Executive Director) of the Company
Change in Management · 28 Oct 2026, 9:23 pm
GIC Housing Finance Appoints Lavanya Mundayur as Additional Non-Executive Director GIC Housing Finance has approved the appointment of Smt. Lavanya Mundayur as an Additional Director (Non-Executive Director), effective 28th Oct'26, subject to shareholder approval. Nominated by The New India Assurance Company Limited, Mundayur currently serves as its Chairman cum Managing Director since 30th Sep'26 and previously led Agriculture Insurance Company of India Ltd. With over three decades of insurance sector experience, she has held senior underwriting and executive leadership roles across domestic and international markets. She holds no inter-se relationships with existing board directors.
GIC HOUSING FINANCE LIMITED has informed the Exchange about Board Meeting to be held on 12-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 .
Intimation · 12 Nov 2026, 5:30 am
GIC Housing Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/11/2026 ,inter alia, to consider and approve the unaudited Standalone ....
Intimation · 12 Nov 2026, 5:30 am
GIC Housing Finance Board to Consider Q2 FY27 Results on Nov 12 GIC Housing Finance Ltd. has scheduled a Board of Directors meeting for 12th Nov'26 to consider and approve the unaudited standalone and consolidated financial results along with the Limited Review Reports for the second quarter and half year ended 30th Sep'26. In compliance with SEBI insider trading regulations, the trading window for dealing in company securities remains closed from 30th Sep'26 until 14th Nov'26, reopening 48 hours post the financial results announcement.
To consider and approve the financial results for the period ended September 30, 2026 and other business matters
Intimation · 12 Nov 2026, 5:30 am
Intimation under Regulation 30 & 51 of SEBI (LODR) Regulations, 2015
Others (Uncategorized) · 25 Oct 2026, 10:24 pm
GIC Housing Finance Hikes Benchmark Prime Lending Rate by 25 Basis Points GIC Housing Finance announced that its Board of Directors approved an increase in the company's Benchmark Prime Lending Rate (BPLR) by 25 basis points via circular resolution. The BPLR has been revised upward from 17.70% per annum to 17.95% per annum, effective from 1st Nov'26.
Allotment of Non-Convertible Debentures (NCDs) on private placement basis
Others (Uncategorized) · 28 Sept 2026, 10:38 pm
GIC Housing Finance Allots Rs 100 Crore NCDs at 8.15% Fixed Coupon GIC Housing Finance approved the allotment of 10,000 Non-Convertible Debentures (NCDs) aggregating to Rs 100 crore on a private placement basis on 28th Sep'26. Issued under Series 12 Tranche 2 at a face value of Rs 1,00,000 each, the debentures carry a fixed coupon of 8.15% p.a. and were allotted to KIRI Industries Limited via BSE’s Electronic Book Provider platform. The NCDs (ISIN: INE289B07156) will be listed on BSE Limited.
Intimation about Change in Director of the Company
Change in Management · 28 Sept 2026, 8:44 pm
GIC Housing Finance Appoints Arumugam Manimekhalai as Independent Director Shareholders of GIC Housing Finance Ltd. have approved the appointment of Smt. Arumugam Manimekhalai (DIN: 08411575) as an Independent Director through a Postal Ballot. Her appointment is for a first term of 5 consecutive years, effective from 26th Sep'26 (the conclusion of the e-voting period), strengthening board-level governance.
Completion of 2nd term of Smt. Rani Singh Nair (DIN: 09103000) as an Independent Director
Change in Management · 26 Sept 2026, 12:17 am
GIC Housing Finance Independent Director Rani Singh Nair Completes Tenure GIC Housing Finance Ltd. announced that Smt. Rani Singh Nair (DIN: 09103000) ceased to be an Independent Director of the company effective close of business hours on 25th Sep'26 upon the completion of her second consecutive three-year term. Consequently, she also ceases to serve as a member or chairperson across all Board-level committees.
Issue of NCD on private placement basis
Others (Uncategorized) · 23 Sept 2026, 2:54 am
GIC Housing Finance Issues Secured NCDs Worth Rs. 200 Crore GIC Housing Finance has uploaded the Key Information Document for a private placement of secured, rated, listed, redeemable, taxable Non-Convertible Debentures (Series 12 Tranche 2) on the BSE EBP platform. The total issue size is Rs. 200 Crore, which includes a green shoe option of up to Rs. 100 Crore, comprising 20,000 securities at Rs. 1,00,000 face value each. The instrument carries an 8.15% p.a. coupon with a tenure of 1,178 days, allotting on 28th Sep'26 and maturing on 19th Dec'29.
Intimation under Regulation 30 & 51 of SEBI (LODR) Regulations, 2015 - Credit Rating
Others (Uncategorized) · 19 Sept 2026, 4:04 pm
CRISIL Reaffirms GIC Housing Finance Credit Ratings with Stable Outlook CRISIL reaffirmed its ratings on GIC Housing Finance Ltd.'s borrowing facilities on 18th Sep'26. Long-term bank facilities of Rs 8,100 crs, existing NCDs of Rs 500 crs, and NCDs of Rs 430 crs (reduced from Rs 1,030 crs) were reaffirmed at CRISIL AA+/Stable. A new enhanced NCD limit of Rs 500 crs was also assigned CRISIL AA+/Stable. Additionally, short-term bank facilities of Rs 1,000 crs and commercial paper aggregating Rs 1,500 crs were reaffirmed at CRISIL A1+.
Intimation of Payment on Interest on NCD having Scrip Code 976944
Others (Uncategorized) · 24 Aug 2026, 10:33 pm
GIC Housing Finance Confirms NCD Interest Payment GIC Housing Finance has confirmed the timely payment of interest on its Non-Convertible Debentures (NCDs) with Scrip Code 976944. An interest amount of Rs. 15.18 crore was successfully paid on the due date of 24 Aug'26. The record date for this payment was 09 Aug'26. This NCD, part of a Rs. 200 crore issue (ISIN: INE289B07107), involves quarterly coupon payments. The disclosure confirms fulfillment of the company's debt obligation as per regulatory requirements, signaling financial stability.
Intimation of Interest and Principal Payment of NCD
Others (Uncategorized) · 21 Aug 2026, 11:28 pm
GIC Housing Finance Makes NCD Interest and Principal Payments GIC Housing Finance confirmed timely payment for its NCD (Scrip: 976182, ISIN: INE289B07099) on 21-Aug-26. The company paid Rs. 24.84 crore in annual interest and fully redeemed the principal amount of Rs. 300 crore upon maturity. Following the redemption of 30,000 NCDs, the outstanding amount for this issue is now nil. The record date for the interest payment was 06-Aug-26. No delays or non-payments were reported.
Intimation of Change in Senior Management Personnel
Change in Management · 21 Aug 2026, 9:01 pm
GIC Housing Finance Announces Senior Management Change GIC Housing Finance has appointed Shri S.R. Ravi (Vice President) as Head of Operations, effective 21-Aug-26. Smt. Paba Koshy ceases to be Head of Operations but continues as CFO. Mr. Ravi is a 33-year housing finance veteran who joined the firm in 1993. He brings extensive experience in operations, credit, underwriting, and collections. This internal promotion fills a key senior management role, ensuring leadership continuity within the operations department.
Submission of Financial Highlights for the quarter ended June 30, 2026
Others (Uncategorized) · 13 Aug 2026, 9:17 pm
GIC Housing Finance Q1 FY27: Profit Up, But Loan Growth Weakens GIC Housing Finance reported a 125% YoY jump in Profit After Tax (PAT) to ₹10 Cr for the quarter ended 30-Jun-26, aided by a 59% drop in NPA provisions. However, core performance was weak, with loan disbursements and sanctions declining 5% and 15% YoY, respectively. Net Interest Margin (NIM) contracted to 3.24% from 3.30%. Asset quality saw a slight improvement as Gross NPA% decreased to 4.49% from 4.74% and Net NPA% fell to 2.04% from 2.14% a year ago.
Results - Financial Results for the quarter ended June 30, 2026
Financial Result · 12 Aug 2026, 11:05 pm
GIC Housing Finance Q1FY27 Results and Board Appointments GIC Housing Finance reported a Q1FY27 standalone Net Profit of ₹10.04 crore, up 36.6% YoY from ₹7.35 crore. Total income remained flat at ₹267.32 crore. Asset quality weakened as Gross Stage 3 ratio increased to 4.49% from 3.96% QoQ, while Provision Coverage Ratio fell to 55.73% from 60.36% QoQ. The Board approved new appointments including Hitesh Joshi as Chairman, Arumugam Manimekhalai as an Independent Director, and Mahesh Matta as Head-Treasury. Material related party transactions up to ₹1,000 crore were also approved.
Outcome of the Board Meeting
Outcome · 12 Aug 2026, 10:51 pm
GIC Housing Finance Q1FY27 Results and Board Appointments GIC Housing Finance reported Q1FY27 standalone net profit of ₹10.04 crore, up 36.6% YoY from ₹7.35 crore. Total income was ₹267.32 crore, a marginal increase from ₹265.43 crore YoY. The Board approved Q1 results on 12 Aug'26 and several appointments: Hitesh Joshi as Chairman, Arumugam Manimekhalai as an Additional Independent Director, and Mahesh Matta as SVP & Head-Treasury. Asset quality saw Gross Stage 3 ratio increase to 4.49% from 3.96% QoQ, while Provision Coverage Ratio declined to 55.73% from 60.36% QoQ.
Intimation under Regulation 30 & 51 - Credit Rating
Others (Uncategorized) · 07 Aug 2026, 11:44 pm
GIC Housing Finance's Credit Ratings Reaffirmed by ICRA ICRA reaffirmed its credit ratings for GIC Housing Finance on Aug 07, '26. The long-term bank facility (Rs. 9,000 crs) and NCDs (Rs. 1,230 crs) were reaffirmed at '[ICRA] AA+' with a 'Stable' outlook. The short-term bank facility (Rs. 1,000 crs) and Commercial Paper (Rs. 1,500 crs) were reaffirmed at '[ICRA] A1+'. A new NCD limit of Rs. 500 crs was assigned '[ICRA] AA+(Stable)', while a Rs. 300 crs NCD rating was withdrawn.
Intimation under Regulation 30 & 51 - Change in Directors
Change in Management · 05 Aug 2026, 3:30 am
GIC Housing Finance Shareholders Approve Key Resolutions at AGM At its 36th AGM on 04 Aug'26, GIC Housing Finance shareholders approved several key proposals. This includes raising up to Rs. 2,500 crores via private placement of Non-Convertible Debentures (NCDs)/Bonds. Shareholders also approved Material Related Party Transactions with promoter companies for an aggregate limit of Rs. 1,000 crores. Additionally, the re-appointments of three directors, including Hitesh Joshi and Rajeshwari Singh Muni as Non-Executive Directors and Sunil Kakar as an Independent Director, were approved.
Outcome of AGM
Annual General Meeting · 05 Aug 2026, 3:27 am
Consolidated Voting Result along with Consolidated Scrutinizer Report for 36th AGM of the Company
Annual General Meeting · 05 Aug 2026, 3:18 am
Submission of Proceedings of 36th Annual General Meeting
Annual General Meeting · 04 Aug 2026, 10:29 pm
Change in Senior Management Personnel - Intimation of Joining of Shri Asit Kumar Nandi as Chief Compliance Officer
Change in Management · 03 Aug 2026, 5:31 pm
GIC Housing Finance: New Chief Compliance Officer Assumes Charge GIC Housing Finance announced that Shri Asit Kumar Nandi has joined and assumed the charge of Chief Compliance Officer, a Senior Management Personnel role, effective 03 Aug'26. This follows the company's prior intimation regarding his appointment on 14 Jul'26. This key management change completes the transition for the compliance leadership position within the company.
ESG Rating assigned by ESG Risk Assessments & Insights Limited
Others (Uncategorized) · 01 Aug 2026, 6:28 pm
GIC Housing Finance Receives Upgraded ESG Rating GIC Housing Finance announced on 01 Aug'26 that its ESG rating was upgraded to "63" from a previous score of "55". The rating was assigned by ESG Risk Assessments & Insights Limited, a SEBI-registered provider, based on its independent research. GIC Housing Finance noted it did not engage the rating provider or provide any input for the assessment, which was conducted on a "subscriber-pays" model. This unsolicited rating upgrade indicates improved ESG performance based on publicly available information.
Cessation of Smt. Girija Subramanian as Non-Executive Director of the Company
Change in Management · 31 Jul 2026, 10:51 pm
GIC Housing Finance: Non-Executive Director Resigns Smt. Girija Subramanian, Non-Executive Director, has resigned from the board of GIC Housing Finance, effective 31st Jul'26. The resignation is due to her superannuation as Chairman cum Managing Director of The New India Assurance Company Limited. The company confirmed there are no other material reasons for her departure. This event marks a change in the company's board composition, a key governance factor for investors.