GIC Housing Finance Limited
GIC Housing Finance Limited, incorporated in 1989, grants housing loans to individuals and to persons/entities engaged in construction of houses/flats for residential purposes.
What GIC files
- Others83
- Important29
- Board Meeting15
- Updates11
- Credit Ratings10
- QIP/Rights/Pref.4
GIC Housing Finance paid ₹15.18 Cr interest on its ₹200 Cr Non-Convertible Debentures (NCDs). This timely payment fulfills debt obligations, signaling strong financial discipline to investors.
GIC Housing Finance paid ₹24.84 Cr interest and fully redeemed ₹300 Cr principal for its NCD (Scrip 976182) upon maturity. This timely debt servicing highlights the company's financial discipline.
GICHFL's Q1 financial results show a strong turnaround, with Profit Before Tax jumping from a loss of 20 Cr to a profit of 18 Cr. This was significantly aided by a 59% drop in NPA provisions. Asset quality improved to 4.49% Gross NPA, while the loan portfolio grew 5% to...
CIC Housing Finance updated on internal governance: Rajkumar Umedlal Gor is the new Compliance Officer, taking over from Nutan Singh. KFin Technologies remains the RTA. This is an operational adjustment for the quarter ending June 30.
LIC executed a market sale, significantly reducing its stake in GIC Housing Finance. Its holding is now 2.989%, down from 5.037%. This represents a notable decrease in institutional ownership.