Can Fin Homes Transfers 284,276 Equity Shares to IEPF in Compliance with Companies Act

Can Fin Homes Limited, a prominent player in the housing finance sector, has recently completed a significant transfer of equity shares to the Investor Education and Protection Fund (IEPF) in accordance with regulatory requirements. This move underscores the company's commitment to compliance and shareholder protection.

Key Details of the Share Transfer

Total Shares Transferred: 284,276 equity shares
Number of Shareholders Affected: 371
Regulatory Framework: Section 124 of the Companies Act, 2013 and IEPF Rules, 2016
Reason for Transfer: Unclaimed final dividend for the financial year 2017-18

Breakdown of Transferred Shares

The transfer included a substantial portion of shares from the company's Unclaimed Suspense Account:

Category	Number of Shares	Number of Shareholders
Total Transfer	284,276	371
From Unclaimed Suspense Account	143,396	169

Compliance and Shareholder Communication

Can Fin Homes Limited has emphasized its adherence to regulatory requirements by taking the following steps:

Sending required intimations to shareholders, urging them to claim their final dividend for FY 2017-18.
Transferring unclaimed shares to the IEPF after the stipulated period.
Ensuring transparency by disclosing the details of the transfer to the stock exchanges.

Implications for Shareholders

Shareholders whose shares have been transferred to the IEPF should note that these shares, along with all benefits accruing on them, can be claimed from the IEPF Authority. The process for such claims is outlined in the IEPF Rules, 2016.

Company's Statement

In its communication to the stock exchanges, Can Fin Homes Limited stated, "This is for information and records," highlighting the company's commitment to keeping investors and regulatory bodies informed about significant corporate actions.

The transfer of these unclaimed shares to the IEPF is a reminder for investors to regularly review their holdings and ensure timely claim of dividends and other benefits. It also reflects the regulatory measures in place to protect investor interests and promote better corporate governance practices in the Indian financial markets.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.46%	+5.43%	+8.71%	+13.87%	-2.65%	+85.09%

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.