Can Fin Homes Approves ₹10,000 Crore NCD Issue via Private Placement
Can Fin Homes Limited's board has approved the issuance of Non-Convertible Debentures (NCDs) worth ₹10,000 crore through private placement. The decision, aligned with the shareholders' mandate from the 38th AGM, allows for issuance in multiple tranches until the AGM of FY 2025-26. An Executive Committee will oversee key aspects of the issuance, including timing, size, and coupon rates. This strategic move aims to enhance liquidity and capitalize on growth opportunities in the housing finance sector.

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Can Fin Homes Limited, a prominent player in the housing finance sector, has taken a significant step to bolster its funding capabilities. The company's board of directors has given the green light for the issuance of Non-Convertible Debentures (NCDs) worth ₹10,000 crore through private placement.
Board Approval and AGM Mandate
According to the latest corporate filing, the board meeting held on September 3, 2025, resulted in the approval of this substantial fund-raising initiative. This decision aligns with the mandate given by the company's shareholders during the 38th Annual General Meeting (AGM) held on August 20, 2025.
Key Details of the NCD Issue
Aspect | Details |
---|---|
Issue Size | Up to ₹10,000 crore |
Mode of Issuance | Private placement |
Issuance Period | Valid until the AGM of the financial year 2025-26 |
Issuance Structure | To be issued in one or more tranches |
Executive Committee Empowerment
The board has authorized an Executive Committee to oversee the finer aspects of the NCD issuance. This committee will be responsible for determining crucial elements such as:
- Timing of the issue
- Type of issue
- Size of individual tranches
- Number of securities
- Tenure of the NCDs
- Coupon rates
Strategic Implications
This move by Can Fin Homes to raise funds through NCDs is a strategic decision that could have several implications:
- Enhanced Liquidity: The substantial size of the issue suggests that the company is looking to significantly strengthen its liquidity position.
- Growth Opportunities: With access to additional funds, Can Fin Homes may be better positioned to capitalize on growth opportunities in the housing finance market.
- Investor Confidence: The choice of private placement indicates the company's ability to attract select investors, potentially reflecting strong investor confidence in Can Fin Homes' business model and growth prospects.
Regulatory Compliance
The company has duly informed the stock exchanges about this development, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. This transparency ensures that all stakeholders are kept informed about significant corporate decisions.
As the housing finance sector continues to evolve, Can Fin Homes' move to raise substantial funds through NCDs could play a crucial role in shaping its future strategies and market position. Investors and market watchers will likely keep a close eye on how the company deploys these funds and the subsequent impact on its business operations and financial performance.
Historical Stock Returns for Can Fin Homes
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+0.63% | +6.06% | +0.55% | +26.22% | -14.05% | +105.08% |