National Insurance confirms no encumbrance on GIC Housing Finance shares

1 min read     Updated on 12 Jun 2026, 05:22 AM
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Naman SScanX News Team
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National Insurance Company confirmed it held 30,30,100 equity shares in GIC Housing Finance Limited as of March 31, 2026, with no new encumbrances reported beyond prior disclosures for the quarter.

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National Insurance Company has confirmed that its shareholding in GIC Housing Finance remains free of encumbrance as of March 31, 2026. The disclosure was made in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulation, 2011, addressing the status of the shares held directly or indirectly by the insurer and persons acting in concert.

The filing confirms that National Insurance Company held 30,30,100 equity shares of GIC Housing Finance Limited on the specified date. The entity explicitly stated that no new encumbrance has been created over these shares, other than those that were already disclosed during the quarter ended March 31, 2026.

Shareholding Details

The declaration provides specific data regarding the holding size and the regulatory compliance status of the shares.

Entity Shares Held Status as on Encumbrance Status
National Insurance Company 30,30,100 March 31, 2026 None beyond prior disclosures

Regulatory Context

The submission was addressed to the National Stock Exchange of India Limited and BSE Limited. This regulatory filing serves as a formal confirmation to the stock exchanges regarding the absence of any lien or charge on the substantial shareholding, ensuring transparency for the market participants.

Historical Stock Returns for GIC Housing Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-0.13%+4.28%+1.66%-4.53%-21.15%+7.55%

How might this clean encumbrance status influence National Insurance Company's future strategic decisions regarding its stake in GIC Housing Finance?

Could this regulatory clearance pave the way for potential divestment or further acquisition of shares in the near future?

What impact will this disclosure have on investor sentiment and trading volume for GIC Housing Finance shares?

CIC Housing Finance pays ₹32.75 crore interest on NCD

1 min read     Updated on 10 Jun 2026, 04:49 PM
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CIC Housing Finance has confirmed the payment of interest amounting to ₹32,751,370 on its Non-Convertible Debentures (NCDs) listed on the BSE. The payment, due on June 10, 2026, was made on the same day for the scrip code 977579. This disclosure was made under Regulation 30 and 57 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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CIC Housing Finance has successfully paid ₹32,751,370 as interest on its Non-Convertible Debentures (NCDs) listed on the BSE. The payment, which became due on June 10, 2026, was settled on the same day, confirming the company's compliance with its debt obligations. The interest pertains to NCDs identified by scrip code 977579, which have an issue size of ₹150,00,00,000.

The disclosure was submitted to the exchange under Regulation 57 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed entities to submit a certificate regarding the status of payment within one working day of the interest becoming due. The company confirmed that there was no delay in the payment, with the actual date of payment matching the due date.

The interest payment schedule indicates that June 10, 2026, marked the first coupon payment, while the final coupon payment is scheduled for June 10, 2027. The record date for determining eligibility for this interest payment was May 26, 2026. The specific NCD series carries the ISIN INE289B07131.

Details of Interest Payment

Sr. No. Particulars Details
1 ISIN INE289B07131
2 Issue size (Rs.) 150,00,00,000/-
3 Interest Amount to be paid on due date (Rs.) 3,27,51,370/-
4 Frequency First Coupon Payment on June 10, 2026 & Final Coupon Payment on June 10, 2027.
5 Change in frequency of payment (if any) NA
6 Details of such change NA
7 Interest payment record date 26/05/2026
8 Due date for interest payment (DD/MM/YYYY) 10/06/2026
9 Actual date for interest payment (DD/MM/YYYY) 10/06/2026
10 Amount of interest paid (Rs.) 3,27,51,370/-
11 Date of last interest payment 10/06/2026
12 Reason for non-payment/ delay in Payment NA

The filing was signed by Raj Gor, Group Head & Company Secretary, on behalf of CIC Housing Finance.

Historical Stock Returns for GIC Housing Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-0.13%+4.28%+1.66%-4.53%-21.15%+7.55%

How will this timely debt servicing impact CIC Housing Finance's credit rating and future borrowing costs?

Does the company have sufficient liquidity allocated to meet the final coupon payment due in June 2027?

Will CIC Housing Finance look to raise additional capital through new NCD issuances given the successful management of current obligations?

More News on GIC Housing Finance

1 Year Returns:-21.15%