SRG Housing Finance Allots 4,400 Equity Shares Under ESOS-2023, Paid-Up Capital Rises to Rs. 15,70,62,380

2 min read     Updated on 12 May 2026, 12:23 PM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

SRG Housing Finance Limited allotted 4,400 equity shares of face value Rs. 10/- each under ESOS-2023 on May 12, 2026, following approval by its Nomination and Remuneration Committee. The exercise price per share stood at Rs. 200, with a premium of Rs. 190 per share. As a result, the company's paid-up equity share capital increased from Rs. 15,70,18,380 to Rs. 15,70,62,380, with total issued shares rising to 1,57,06,238. The allotment was made in compliance with Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, and the newly issued shares rank pari-passu with existing equity shares.

powered bylight_fuzz_icon
40114392

*this image is generated using AI for illustrative purposes only.

SRG Housing Finance Limited allotted 4,400 equity shares of face value Rs. 10/- each to its employees on May 12, 2026, following the exercise of stock options under its Employees Stock Option Scheme – 2023 (ESOS-2023). The allotment was approved by the company's Nomination and Remuneration Committee at its meeting held on May 12, 2026, in accordance with Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Impact on Paid-Up Share Capital

The allotment of 4,400 equity shares has resulted in an increase in the company's paid-up equity share capital. The following table summarises the change in capital structure consequent to this allotment:

Metric: Before Allotment After Allotment
Paid-Up Share Capital: Rs. 15,70,18,380 Rs. 15,70,62,380
Total Equity Shares: 1,57,01,838 1,57,06,238
Face Value Per Share: Rs. 10/- Rs. 10/-

Key Details of the Allotment

The allotment was made pursuant to ESOS-2023, with shares to be listed on both BSE Limited and the National Stock Exchange of India Limited. The key parameters of the allotment are detailed below:

Parameter: Details
Date of Issue: May 12, 2026
Number of Shares Issued: 4,400 equity shares
Exercise Price Per Share: Rs. 200
Premium Per Share: Rs. 190
Distinctive Numbers: 15701839 – 15706238 (both inclusive)
Lock-in: Not applicable
Scheme Name: SRG Housing Finance Limited Employees Stock Option Scheme – 2023

Pari-Passu Status and Compliance

All equity shares allotted pursuant to the exercise of stock options under ESOS-2023 rank pari-passu in all respects with the existing equity shares of SRG Housing Finance Limited. The allotment has been made in compliance with Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company had previously filed the statement referred to in Regulation 10(b) of the SEBI SBEB Regulations with BSE on June 06, 2023 (Filing No. 177184) and with NSE on May 17, 2024 (Filing No. 41735).

Company Overview

SRG Housing Finance Limited is registered at 321, S.M. Lodha Complex, Near Shastri Circle, Udaipur, Rajasthan – 313001. The company's equity shares are listed on both BSE Limited and the National Stock Exchange of India Limited. The disclosure was submitted to the stock exchanges by Company Secretary Divya Kothari (M.No.: A57307) on May 12, 2026.

How many stock options remain unexercised under ESOS-2023, and what is the potential future dilution impact on SRG Housing Finance's share capital?

Could the exercise of stock options at Rs. 200 per share signal employee confidence in SRG Housing Finance's growth trajectory, and how might this influence investor sentiment?

Will SRG Housing Finance introduce additional employee stock option schemes beyond ESOS-2023 to attract and retain talent in the competitive housing finance sector?

SRG Housing Finance Pays Interest and Principal on Secured Non-Convertible Debentures

2 min read     Updated on 29 Apr 2026, 10:50 PM
scanx
Reviewed by
Jubin VScanX News Team
AI Summary

SRG Housing Finance Limited has successfully completed the payment of interest and partial redemption of principal amount on its secured redeemable Non-Convertible Debentures (NCDs) on April 29, 2026. The company paid interest of Rs. 42,93,518.50 after TDS deduction and redeemed Rs. 75,75,757.58 through partial redemption on a pro-rata basis. The NCDs, with ISIN INE559N07058, have an aggregate nominal value of INR 50,00,00,000 including a green shoe option of INR 15,00,00,000. The outstanding principal amount post-redemption stands at Rs. 439,393,939.39.

powered bylight_fuzz_icon
39028844

*this image is generated using AI for illustrative purposes only.

SRG Housing Finance Limited has announced the payment of interest and partial redemption of principal amount on its secured redeemable Non-Convertible Debentures (NCDs) on April 29, 2026. The disclosure was made in compliance with Regulations 30 and 57(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Interest Payment Details

The company paid interest amounting to Rs. 42,93,518.50 on the due date of April 29, 2026. The interest payment was made monthly, with the record date fixed at April 14, 2026. The amount due was Rs. 43,73,200.50, with the difference attributed to TDS deduction. The previous interest payment was made on March 27, 2026.

Particulars Details
ISIN INE559N07058
Interest Amount Due Rs. 43,73,200.50/-
Interest Amount Paid Rs. 42,93,518.50/-*
Frequency Monthly
Record Date 14-04-2026
Due Date 29-04-2026
Actual Payment Date 29-04-2026

Redemption Details

The company executed a partial redemption of the NCDs on April 29, 2026, through face value redemption on a pro-rata basis. The redemption was classified under 'Others - Monthly Redemption'. The amount redeemed stood at Rs. 75,75,757.58, leaving an outstanding principal amount of Rs. 439,393,939.39.

Particulars Details
ISIN INE559N07058
Type of Redemption Partial
Redemption Basis Pro-rata basis
Reason Others - Monthly Redemption
Due Date 29-04-2026
Actual Redemption Date 29-04-2026
Amount Redeemed 75,75,757.58
Outstanding Amount 439,393,939.39

NCD Issue Overview

The debentures comprise 5,000 rated, secured, listed, senior, transferable, redeemable, fully paid-up, non-convertible debentures with a face value of INR 1,00,000 each. The aggregate nominal value of the issue is INR 50,00,00,000, including a green shoe option of 1,500 debentures valued at INR 15,00,00,000. The company confirmed there were no delays or reasons for non-payment in either the interest or redemption transactions.

How will SRG Housing Finance's debt reduction strategy impact its future borrowing capacity and credit ratings?

What are the company's plans for refinancing or restructuring the remaining Rs. 439.39 crore NCD balance?

Could SRG Housing Finance consider early redemption of NCDs if market conditions become favorable?

More News on SRG Housing Finance