SRG Housing Finance Limited has announced a significant credit rating upgrade from Acuité Ratings, reflecting the housing finance company's strengthened financial position and improved risk profile. The upgrade marks an important milestone in the company's growth trajectory and demonstrates its commitment to maintaining strong operational fundamentals.

Credit Rating Enhancement Details

The rating agency has upgraded SRG Housing Finance Limited's credit rating across its financial instruments, signaling improved creditworthiness and financial stability.

The company has informed stock exchanges under Regulation 30 of SEBI LODR regulations, with the detailed rating letter from Acuité Ratings awaited and to be submitted upon receipt.

Management Commentary on Rating Upgrade

Vinod K Jain, Managing Director of SRG Housing Finance, emphasized the significance of this rating enhancement. He noted that the upgrade acknowledges the company's consistent performance across several key parameters:

• Growth in Assets Under Management (AUM)
• Improvement in asset quality
• Stable profitability metrics
• Strong capital position

Jain highlighted that the company has focused on building a sustainable and scalable business model over recent years. The improved rating reinforces confidence among lenders, investors, and stakeholders in the company's long-term vision and strategic direction.

Strategic Benefits and Business Impact

The credit rating upgrade is expected to provide several operational advantages for SRG Housing Finance. The enhanced rating will improve the company's ability to access diversified funding sources at competitive costs, directly supporting its objective of delivering affordable housing finance solutions to customers.

The management emphasized their commitment to maintaining a balanced approach between growth, profitability, and risk management while continuing to strengthen operational efficiency and portfolio quality.

Company Profile and Market Position

Established in 1999, SRG Housing Finance Limited operates as a National Housing Bank registered housing finance institution with over two decades of experience. The company maintains a strong market presence through its network of 95 branches across seven states: Rajasthan, Madhya Pradesh, Gujarat, Maharashtra, Delhi, Karnataka, and Andhra Pradesh.

The company specializes in serving the self-employed segment, which constitutes 75% of its customer base, alongside salaried professionals. Under the leadership of Managing Director Vinod Kumar Jain, who brings over 30 years of financial services expertise, SRG Housing Finance has evolved into a publicly traded entity listed on both BSE and NSE.

SRG Housing Finance Limited has completed its scheduled monthly interest and principal payment on its secured redeemable non-convertible debentures (NCDs) on March 27, 2026. The company fulfilled its obligations under the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, making payments totaling ₹1.17 crore to debenture holders.

Interest Payment Details

The company made its monthly interest payment on the NCDs with ISIN INE559N07058. The payment was processed two days prior to the due date of March 29, 2026, as the scheduled due date fell on a non-working day, with the record date set as March 14, 2026.

The difference between the due amount and actual payment reflects the deduction of tax at source (TDS) as per regulatory requirements.

Principal Redemption Transaction

SRG Housing Finance executed a partial redemption of its NCDs through face value redemption on a pro-rata basis. The redemption was categorized as "monthly redemption" under the company's structured repayment schedule.

NCD Issue Structure

The non-convertible debentures were issued through private placement and are listed on BSE Limited. The issue comprises rated, secured, senior, transferable, and redeemable instruments with specific structural features.

Regulatory Compliance

The payment execution demonstrates SRG Housing Finance's adherence to regulatory timelines and disclosure requirements. The company reported no delays or non-payment issues, with all transactions completed ahead of their respective due dates. The structured monthly payment approach provides regular cash flows to debenture holders while maintaining the company's debt service obligations.

The successful completion of both interest and principal payments on schedule reflects the company's commitment to honoring its debt obligations and maintaining investor confidence in its financial instruments.