Can Fin Homes Limited has successfully completed its interim dividend payment process and announced key management reappointment following significant corporate developments. The company declared an interim dividend for Financial Year 2025-26 during its Board of Directors meeting held on December 15, 2025, and has now completed the payment to eligible shareholders.

Interim Dividend Declaration and Payment

The Board of Directors declared and successfully disbursed an interim dividend for Financial Year 2025-26, demonstrating the company's strong financial position and commitment to shareholder returns.

The interim dividend of ₹7.00 per equity share has been successfully credited to the bank accounts of shareholders who had submitted their bank account particulars to the company, depository participants, or the registrar and transfer agents. The payment was completed on December 29, 2025, well within the regulatory timeline of 30 days from the declaration date.

Tax Compliance and Payment Process

The company ensured full regulatory compliance during the dividend payment process, adhering to updated tax regulations and electronic payment mandates.

Shareholders were required to submit tax exemption forms and supporting documents through the designated online portal before December 22, 2025. The company deducted TDS at prescribed rates based on shareholders' residential status and submitted documentation, ensuring compliance with the Finance Act 2020 amendments.

Management Reappointment

The Board approved the re-appointment of Shri Suresh Srinivasan Iyer as Managing Director & CEO for an additional two-year term, based on recommendations from the Nomination Remuneration and HR Committee.

The reappointment is subject to prior approval from the Reserve Bank of India under Para 45.3 of NBFC-HFC (Reserve Bank) Directions, 2021. Following RBI approval, shareholder approval will be sought within the prescribed period.

Leadership Profile and Experience

Shri Suresh Srinivasan Iyer brings over 25 years of experience in the housing finance sector to his continued leadership role.

The company confirmed that Shri Suresh Srinivasan Iyer is not related to any Directors or Key Managerial Personnel, ensuring independence in governance structure. He is not debarred from holding office by SEBI or any other regulatory authority.

Regulatory Compliance and Communication

Both the dividend payment completion and management reappointment announcements comply with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 30. The company has maintained transparency by uploading all documentation on its website and ensuring proper communication to stock exchanges regarding these corporate developments.

India Ratings and Research (Ind-Ra) has upgraded Can Fin Homes Limited (CFHL) Long-Term Issuer Rating to IND AAA from IND AA+, marking a significant milestone for the housing finance company. This upgrade, which includes the company's Non-Convertible Debentures (NCDs) and subordinated debt programmes, reflects a positive outlook on CFHL's financial stability and growth prospects.

Key Highlights of the Upgrade

• Rating Upgrade: Long-Term Issuer Rating elevated to IND AAA from IND AA+
• Outlook: Stable
• Scope: Includes NCDs and subordinated debt programmes

Factors Driving the Upgrade

1. Strong Parental Support: The upgrade is primarily driven by the expectation of timely liquidity and equity support from Canara Bank, which holds a 29.99% stake in CFHL.

2. Regulatory Changes: The Reserve Bank of India's (RBI) decision to lift proposed restrictions on overlapping business lines between banks and their subsidiaries has reduced divestment risk and strengthened support expectations.

3. Financial Performance: CFHL's robust financial metrics have contributed to this rating upgrade.

Financial Performance Overview

To understand the company's financial strength better, let's look at some key financial metrics:

Impact and Implications

1. Lower Borrowing Costs: The AAA rating is likely to help CFHL access funds at more competitive rates, potentially improving its profit margins.

2. Investor Confidence: This upgrade may boost investor confidence, possibly leading to increased interest from both institutional and retail investors.

3. Market Position: The rating upgrade strengthens CFHL's position in the competitive housing finance sector.

4. Growth Prospects: With improved creditworthiness, CFHL may be better positioned to expand its loan book and market share.

Conclusion

The upgrade of Can Fin Homes to IND AAA by India Ratings is a testament to the company's strong financial performance and the implicit support from its parent, Canara Bank. As the housing finance sector continues to play a crucial role in India's economic growth, this rating upgrade positions CFHL favorably to capitalize on market opportunities and contribute to the broader goal of housing for all.

Investors and stakeholders will likely keep a close watch on how CFHL leverages this upgraded rating to drive growth and maintain its financial stability in the coming quarters.