Sahara Housingfina Corporation Limited has filed a regulatory disclosure regarding the status of its Non-Convertible Debentures (NCDs) in compliance with Regulation 57(5) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure, dated December 29, 2025, provides an update on the company's debt securities position.

Original NCD Issuance Details

The company had privately placed unlisted secured Non-Convertible Debentures to a single entity on March 31, 2017. The key parameters of this issuance are presented below:

Current Outstanding Position

The company has reported a reduction in its NCD outstanding following partial redemptions executed as per the original terms and conditions. The current status shows significant progress in debt servicing:

The partial redemption of ₹9.00 crores was executed in accordance with the terms and conditions specified in the Information Memorandum issued at the time of the original placement.

Interest Payment Compliance

Sahara Housingfina Corporation has maintained regular interest payments on the outstanding NCDs. The company pays interest at 7% per annum, with payments due on March 31 each year since the issuance. All interest payments have been made within the stipulated due dates, and the company has consistently reported these payments to the debenture trustee, Catalyst Trusteeship Limited, Pune.

Regulatory Compliance Status

The disclosure confirms that the company has not issued any fresh Non-Convertible Securities subsequent to the March 2017 issuance through the last reporting quarter. This information was communicated to the Bombay Stock Exchange as part of the company's ongoing compliance with SEBI regulations governing listed entities and their disclosure obligations regarding debt securities.

The communication was signed by D J Bagchi, who serves as CEO, Company Secretary & Compliance Officer for Sahara Housingfina Corporation Limited. The company maintains its registered and corporate office at 46, Dr. Sundari Mohan Avenue, Kolkata.

Sahara Housing Fina Corporation Limited (SHCL), a housing finance company, has reported a net loss of ₹3.36 crore for the quarter ended September 30, 2025 (Q2 FY26). This marks a significant downturn from the profit of ₹10.38 crore recorded in the same quarter of the previous year.

Financial Performance

The company's financial results, which were reviewed and approved by the Board of Directors on November 14, 2025, reveal a challenging quarter despite generating total income of ₹182.54 crore. The primary factor contributing to the loss was the requirement for substantial provisions on loan assets during the quarter.

Here's a breakdown of the key financial metrics for Q2 FY26:

Half-Yearly Performance

For the half-year ended September 30, 2025, SHCL reported:

• Total income of ₹357.68 crore
• Net profit of ₹17.90 crore
• Basic earnings per share (EPS) of ₹0.26

Balance Sheet Highlights

As of September 30, 2025, Sahara Housingfina's balance sheet shows:

• Total assets of ₹7,643.76 crore
• Housing and other loans at ₹5,980.65 crore
• Total equity (including share capital and other equity) of ₹5,257.28 crore

Impairment and Provisions

The company recorded an impairment on financial instruments of ₹25.67 crore for Q2 FY26, compared to a reversal of ₹0.74 crore in Q2 FY25. This significant increase in provisions has adversely impacted the financial results for the quarter.

Conclusion

Sahara Housingfina Corporation's Q2 FY26 results reflect a period of financial stress, primarily due to increased provisioning for loan assets. While this has led to a quarterly loss, it may be part of a strategy to strengthen the company's financial position in the long term. The company's performance in the coming quarters will be crucial in determining how it navigates these challenges and works towards improving its asset quality.