Can Fin Homes Approves ₹10,000 Crore NCD Issue via Private Placement

1 min read     Updated on 03 Sept 2025, 09:09 PM
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Naman SharmaScanX News Team
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Overview

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

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:

  1. Enhanced Liquidity: The substantial size of the issue suggests that the company is looking to significantly strengthen its liquidity position.
  2. Growth Opportunities: With access to additional funds, Can Fin Homes may be better positioned to capitalize on growth opportunities in the housing finance market.
  3. 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 Day5 Days1 Month6 Months1 Year5 Years
+0.63%+6.06%+0.55%+26.22%-14.05%+105.08%
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Can Fin Homes Engages in Investor Meet with Premji Invest, Discusses Q1 Performance

1 min read     Updated on 22 Aug 2025, 07:50 PM
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Reviewed by
Suketu GalaScanX News Team
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Overview

Can Fin Homes Limited conducted a one-on-one investor meeting with Premji Invest on August 22 at their Bengaluru office. The 1 hour 50 minutes session, attended by MD & CEO Suresh Iyer and CFO Abhishek Mishra, covered topics including Q1 financial results, growth prospects, business outlook, cost management, loan book composition, asset quality, and borrowing strategies. This meeting follows a group investor meeting in Mumbai on August 21, organized by Antique Limited, with participation from institutional investors like ICICI Prudential Life Insurance and Axis Mutual Fund. Can Fin Homes disclosed details of both meetings to stock exchanges in compliance with SEBI regulations.

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

Can Fin Homes Limited , a prominent player in the housing finance sector, recently held a one-on-one investor meeting with representatives from Premji Invest, signaling its commitment to transparent communication with stakeholders. The meeting, which took place on August 22 at the company's Bengaluru office, provided insights into Can Fin Homes' recent financial performance and strategic outlook.

Key Participants and Discussion Points

The meeting was attended by Can Fin Homes' top leadership, including:

  • Suresh Iyer, Managing Director & CEO
  • Abhishek Mishra, Chief Financial Officer

During the 1 hour and 50 minutes session, discussions covered a wide range of topics, including:

  • Q1 financial results
  • Net Interest Margin (NIM)
  • Growth prospects and run-off ratios
  • Future business outlook for both the industry and the company
  • Cost management and spread analysis
  • Loan book composition and profitability
  • Asset quality metrics
  • Geographical presence
  • Borrowing strategies
  • Provisioning practices

Transparency and Investor Relations

This meeting is part of Can Fin Homes' ongoing efforts to maintain open lines of communication with its investors and analysts. The company has been actively engaging with various stakeholders to provide clarity on its financial position and strategic direction.

Just a day prior, on August 21, Can Fin Homes' management team participated in a group investor meeting in Mumbai, organized by Antique Limited. This event saw participation from several prominent institutional investors, including ICICI Prudential Life Insurance, Axis Mutual Fund, and Tata Mutual Fund, among others.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Can Fin Homes promptly disclosed the details of both investor meetings to the National Stock Exchange of India Limited and BSE Limited. These disclosures underscore the company's commitment to regulatory adherence and transparency in its investor relations activities.

Conclusion

As Can Fin Homes continues to navigate the dynamic housing finance landscape, these investor meetings serve as crucial platforms for the company to articulate its performance, strategies, and future outlook. The discussions on various financial and operational aspects provide valuable insights for investors and analysts alike, helping them make informed decisions about their engagement with Can Fin Homes Limited.

Investors and interested parties can find more detailed information about the company's Q1 financial results and the latest investor presentation on Can Fin Homes' official website.

Historical Stock Returns for Can Fin Homes

1 Day5 Days1 Month6 Months1 Year5 Years
+0.63%+6.06%+0.55%+26.22%-14.05%+105.08%
Can Fin Homes
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