GIC Housing Finance Limited has successfully completed its scheduled interest payment on Non-Convertible Debentures (NCDs), demonstrating adherence to its debt servicing obligations and regulatory compliance requirements.

Interest Payment Details

The housing finance company paid ₹8.82 crore as interest on its NCDs with scrip code 976945 on February 24, 2026, meeting the scheduled due date. The payment covers the first coupon payment for these debentures, with the final coupon payment scheduled for February 24, 2027.

Regulatory Compliance

The company submitted the required intimation to BSE Limited under Regulations 30 and 57 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. As per regulatory requirements, listed entities must submit a certificate to the stock exchange within one working day of interest or principal becoming due, confirming the payment status of NCDs.

Debenture Structure

The NCDs represent part of GIC Housing Finance's debt capital structure, with the current payment marking the first coupon payment since issuance. The debentures carry a structured payment schedule with specific coupon dates, ensuring predictable cash flows for investors.

Corporate Governance

The payment confirmation was signed by Nutan Singh, Group Head and Company Secretary, on February 24, 2026, reflecting the company's commitment to transparent reporting and timely disclosure of material information to stakeholders and regulatory authorities.

GIC Housing Finance Limited announced its unaudited financial results for the third quarter ended December 31, 2025, reporting a net profit of ₹4,361.00 lakh and total income of ₹27,264.00 lakh. The Board of Directors approved these results during their meeting held on February 09, 2026.

Financial Performance Overview

The company's financial performance for Q3FY26 demonstrates steady operational metrics across key parameters:

Nine Months Performance

For the nine months ended December 31, 2025, the company reported strong cumulative performance with total income of ₹80,978.00 lakh and net profit of ₹10,091.00 lakh, compared to ₹81,307.00 lakh and ₹12,508.00 lakh respectively in the corresponding period of the previous year.

Key Financial Ratios

The company maintained healthy financial ratios as of December 31, 2025:

Board Decisions and Management Changes

The Board also approved the renewal of contract with Shri Nirahankar Nath Verma, Head - Integrity and Core Values Department, for one year from April 01, 2026 to March 31, 2027. Shri Verma brings over 38 years of banking experience, having joined SBI as a direct officer in 1985 and worked across various assignments including advances, administration, inspection, audits, and vigilance.

Regulatory Compliance

The financial results were prepared in accordance with Indian Accounting Standards and comply with SEBI Listing Regulations. The company maintains adequate security cover for all outstanding Non-Convertible Debentures, with asset cover ratios exceeding regulatory requirements. The trading window for dealing in company securities will open from February 12, 2026.

Source: GIC Housing Finance Limited