India Homes Limited disclosed on July 31, 2026, that it and its group companies have received a formal notice from the Office of the Regional Director, Western Region, Mumbai-II. The notice, issued by an officer holding the additional charge of Joint Director, Regional Director, Western Region-I, seeks specific information and records from the entity. This regulatory inquiry represents a material compliance event for the real estate developer, requiring immediate attention to corporate governance protocols.

The request for information was made pursuant to Section 210(1)(c) read with Section 217(1)(a) of the Companies Act, 2013. These sections empower the Regional Director to call for reports or information regarding the management and conduct of the affairs of a company. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates timely reporting of such regulatory interactions to stock exchanges.

India Homes Limited confirmed that it is currently in the process of compiling the requisite information and documents requested by the authority. The company indicated that it shall furnish the same to the Regional Director in due course. No specific details regarding the nature of the information sought or the underlying subject matter of the inquiry were provided in the exchange filing.

The notice was addressed to the Department of Corporate Services at BSE Limited, located in Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai. The disclosure was signed by Varun S. Gupta, Managing Director of India Homes Limited (DIN: 02938137). The company’s registered office is located at India Steel Complex, Khopoli, Raigad, Maharashtra, while its corporate office is situated in Lower Parel, Mumbai.

Regulatory Context

The invocation of Section 210(1)(c) of the Companies Act, 2013, allows the Central Government or authorized officers to require any person to furnish information or explanations regarding the formation, management, or conduct of a company. Section 217(1)(a) further empowers the Regional Director to make inquiries into the affairs of a company if they appear to be conducted in a manner prejudicial to public interest or the interests of the members.

Such notices are part of routine regulatory oversight but can also signal deeper scrutiny into corporate governance, financial reporting, or operational compliance. For listed entities like India Homes Limited, transparency in disclosing these interactions is critical to maintaining investor confidence and adhering to SEBI’s listing obligations.

What This Means for Stakeholders

While the receipt of a notice does not imply guilt or violation, it necessitates a thorough review of internal records and potential engagement with legal counsel. Investors should monitor subsequent filings for updates on the outcome of this inquiry. If the Regional Director finds discrepancies or non-compliance, further actions such as penalties or directives could follow. Conversely, a satisfactory response may conclude the matter without further escalation. The company’s prompt acknowledgment and commitment to providing the requested data demonstrate adherence to procedural compliance requirements.

India Homes Ltd has received in-principle approval from BSE Limited for its proposed rights issue of partly paid-up equity shares. The company disclosed this development through an intimation filed under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, on July 23, 2026.

BSE Approval Details

The approval was communicated by BSE Limited vide letter bearing reference No. LOD/RIGHT/RB/FIP/546/2026-27, dated July 23, 2026, in response to the company's application dated May 01, 2026. The in-principle approval grants India Homes Ltd permission to use the Exchange's name in its Letter of Offer for the proposed rights issue of partly paid-up equity shares.

Conditions and Compliance Requirements

BSE Limited has stipulated several conditions that India Homes Ltd must adhere to in connection with the rights issue. The Exchange has clarified that its approval does not constitute an endorsement of the contents of the Letter of Offer, nor does it guarantee the listing or continued listing of the company's securities.

Key compliance requirements outlined by BSE Limited include:

• The company must include the prescribed disclaimer clause of the Exchange in its Letter of Offer and in all related advertisements.
• A record date must be fixed with at least three working days' advance notice to the Exchange, along with disclosure of the rights issue price at least three working days prior to the record date.
• The company must confirm completion of posting of the Letter of Offer and composite application form before dealings in Letters of Renunciation are permitted.
• Agreements with all depositories for dematerialisation of securities must be in place, with an option provided to investors to receive allotment in dematerialised form.
• The Basis of Allotment of rights securities must be approved by the Designated Stock Exchange, even in cases of under-subscription.
• A qualified Company Secretary must serve as the Compliance Officer, as per Regulation 6(1) of the SEBI (LODR) Regulations, 2015.
• The company must comply with applicable provisions of Section 186 and 188 of the Companies Act, 2013, and Regulation 23 of the SEBI (LODR) Regulations, 2015, prior to filing the listing application.
• A certificate confirming ODI compliance must be procured from the Secretarial Auditor on or before filing of the listing application.
• All applicable charges levied by the Exchange for usage of any system, software, or similar facilities must be paid by the company.

Exchange's Disclaimer Position

BSE Limited has explicitly stated that its in-principle approval should not be construed as clearance or endorsement of the Letter of Offer. The Exchange does not warrant the correctness or completeness of the offer document's contents, nor does it take responsibility for the financial or other soundness of the company, its promoters, its management, or any scheme or project. Investors are advised to conduct independent inquiry and analysis before applying for or acquiring any securities under the rights issue.

The in-principle approval for listing of the partly paid-up equity shares proposed to be issued on a rights basis remains subject to the company completing all post-issue requirements and complying with the necessary statutory, legal, and listing formalities.