Repco Home Finance redeemed unlisted commercial papers aggregating to ₹75 crore on September 21, 2026. The company confirmed that maturity proceeds were paid to holders in full.

The redemption relates to instruments bearing ISIN INE612J14596. The payment was executed on the maturity date as per the terms of the issuance.

Redemption Details

Ankush Tiwari, Company Secretary and Compliance Officer, signed the disclosure filed with the National Stock Exchange of India Limited and BSE Limited. The filing confirms the full settlement of the obligation.

Repco Home Finance accepted the resignation of Paiyur Kuppuraman Vaidyanathan as Whole-time Director and Chief Development Officer effective September 16, 2026. The promoter, Repco Bank, reversed his deputation due to official exigencies.

Bakthavatsalu Kannan, a current Whole-time Director at the housing finance firm, will assume the role of Chief Development Officer starting September 17, 2026. The Board and the Nomination & Remuneration Committee approved the appointment.

Leadership Transition

Vaidyanathan ceased his duties at the close of business on September 16, 2026. He reverts to Repco Bank, the Government of India enterprise that promotes Repco Home Finance Limited. The company confirmed there is no material reason for his cessation other than the reversal of deputation.

Kannan, who holds a DIN of 11885253, brings over 31 years of experience in the banking sector. He is a General Manager at Repco Bank and is currently on deputation with Repco Home Finance. His tenure as CDO will be co-terminus with his deputation from the parent bank.

Qualifications and Tenure

Kannan holds Bachelor's degrees in Physics and a Master's degree in Social Work. He also possesses a Diploma in Information Systems Audit and is a Certified Associate of the Indian Institute of Bankers.

He was appointed as a Whole-time Director for a period of two years effective August 24, 2026. This new role adds the CDO responsibilities to his existing duties within the company.

Regulatory Disclosure

Repco Home Finance filed the intimation under Regulation 30 and Regulation 51 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The disclosure aligns with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Ankush Tiwari, Company Secretary and Compliance Officer, signed the filing on September 16, 2026. The company stated there is no material reason for Vaidyanathan’s cessation other than the official exigencies cited by the promoter.