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.

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.

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.

SRG Housing Finance Limited has published newspaper advertisements confirming the dispatch of its postal ballot notice to shareholders for voting on special resolutions regarding the previously approved ₹2,500 crore borrowing limit enhancement and creation of charges on company assets. The company has completed regulatory compliance by publishing the notice in Financial Express (Delhi Edition) and Nafa Nuksan regional newspaper on April 29, 2026.

Board Meeting and Initial Approval

The board of directors had earlier approved the enhancement of borrowing limits to ₹2,500 crores during a meeting held on April 23, 2026. The meeting, which lasted from 12:15 P.M. to 12:34 P.M., addressed two key resolutions under the Companies Act, 2013, both requiring mandatory shareholder approval through the postal ballot process.

Postal Ballot Voting Schedule

The company has formalized the shareholder approval process through a comprehensive postal ballot notice dated April 24, 2026. The remote e-voting facility is available exclusively through electronic means, with no physical postal ballot forms being distributed in compliance with Ministry of Corporate Affairs circulars.

Special Resolutions for Approval

Shareholders will vote on two interconnected special resolutions that form the foundation of the company's expanded financial strategy. The first resolution seeks approval for increasing borrowing limits under Section 180(1)(c) of the Companies Act, 2013, enabling the company to raise funds up to ₹2,500 crores through various financial instruments including term loans, bonds, debentures, and commercial papers.

The second resolution addresses the creation of charges on company assets under Section 180(1)(a) of the Companies Act, 2013. This provision allows the company to mortgage, hypothecate, or pledge both movable and immovable assets to secure the enhanced borrowing facilities, providing lenders with adequate security coverage.

Regulatory Compliance and Publication

In compliance with Regulations 30 and 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has published newspaper advertisements in Financial Express (Delhi Edition) and Nafa Nuksan regional newspaper on April 29, 2026. Company Secretary Divya Kothari has digitally signed all regulatory filings and communications to stock exchanges, ensuring proper documentation and transparency.

Strategic Financial Expansion

The proposed borrowing limit enhancement from the previous threshold to ₹2,500 crores represents a significant expansion in the company's financial capacity. This increase aligns with business expansion plans and anticipated loan disbursement requirements in the housing finance sector. The enhanced borrowing powers will enable access to larger funding pools and provide operational flexibility for growth initiatives.

Mr. Shiv Hari Jalan has been appointed as the scrutinizer to oversee the voting process and ensure fair and transparent conduct. The voting results will be declared within two working days of the e-voting period conclusion and communicated to stock exchanges where the company's shares are listed.