SRG Housing Finance Limited has successfully paid interest and partially redeemed the principal amount on its secured redeemable Non-Convertible Debentures (NCDs) on May 29, 2026. The company processed the payments for the debentures issued through private placement and listed on the stock exchange, adhering to the monthly schedule. The total interest paid amounted to ₹41,01,819.50, while the principal redemption stood at ₹75,75,757.58.

The interest payment was made against a due amount of ₹41,60,398.50, with the difference attributed to Tax Deducted at Source (TDS). The record date for the interest payment was May 14, 2026. The frequency of both interest and redemption payments is monthly, as per the terms of the issue.

The redemption was partial, executed on a pro-rata basis by face value. Following this transaction, the outstanding principal amount on the debentures is ₹431,818,181.82. The debentures carry an ISIN of INE559N07058. The company confirmed there were no delays or reasons for non-payment regarding these transactions.

Payment Details

The disclosure was submitted to BSE Limited in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Divya Kothari, Company Secretary, certified the details of the payment and redemption.

SRG Housing Finance Limited has received shareholder approval to increase its borrowing limits and create charges on its assets to secure borrowings. The resolutions were passed via a remote e-voting process that concluded on May 28, 2026. This approval enables the company to enhance its borrowing capacity under Section 180(1)(C) of the Companies Act, 2013, and secure these borrowings by creating charges on assets under Section 180(1)(A) of the Act.

The postal ballot sought approval for two special resolutions. The first resolution aimed to approve the increase in borrowing limits, while the second sought approval for the creation of charges on the company's assets to secure the borrowings made or to be made. The voting process was managed by the National Securities Depository Limited (NSDL), and the scrutinizer's report confirmed the outcomes.

Voting Results

A total of 3,769,261 votes were polled on the resolutions, representing 24.0052% of the outstanding shares. The resolutions received strong backing from both promoters and public shareholders. Promoters held 9,269,443 shares, of which 3,462,828 votes were polled, all in favour. Public non-institutions held 6,432,395 shares, with 306,433 votes polled.

Resolution 1: Increase in Borrowing Limits

The resolution to approve the increase in borrowing limits under Section 180(1)(C) of the Companies Act, 2013, was passed with 99.9998% of the votes in favour.

Resolution 2: Creation of Charges on Assets

The resolution to approve the creation of charges on the company's assets under Section 180(1)(A) of the Companies Act, 2013, was passed with 99.9999% of the votes in favour.

Procedural Details

The remote e-voting process commenced on April 29, 2026, at 9:00 A.M. IST and concluded on May 28, 2026, at 5:00 P.M. IST. Shiv Hari Jalan, Practising Company Secretary, was appointed as the scrutinizer to oversee the process. The record date for determining shareholder eligibility was April 17, 2026. The detailed scrutinizer's report has been submitted to the exchanges and will be available on the company's website.