GIC Housing Finance Ltd has received an ESG (Environmental, Social, and Governance) rating of 55 from ESG Risk Assessments Insights Limited, a SEBI-registered ESG rating provider. The company informed stock exchanges about this development on December 11, 2025, at 5:23 PM, in compliance with regulatory disclosure requirements.

ESG Rating Details

The rating assignment represents an independent assessment conducted by the SEBI-registered provider without direct engagement from GIC Housing Finance Ltd. The evaluation was performed using publicly available information and the rating provider's independent research methodology.

Rating Methodology and Independence

The company emphasized that the ESG rating was assigned without any direct involvement from GIC Housing Finance Ltd. Key aspects of the rating process include:

• The rating provider operated under a subscriber-pays model
• Assessment was based entirely on independent research
• No inputs were provided by the company to the rating provider
• The evaluation relied solely on publicly available information

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory framework mandates listed companies to inform stock exchanges about material events and developments that could impact investor decisions.

The communication was addressed to BSE Limited, covering multiple instrument categories including equity shares, non-convertible debentures (NCDs), and commercial papers (CPs) under various scrip codes. This comprehensive disclosure ensures all stakeholders across different investment instruments are informed about the ESG rating assignment.

GIC Housing Finance Ltd has successfully resolved its ongoing litigation with the Goods and Services Tax (GST) authorities in Uttar Pradesh, marking a significant development for the company's regulatory compliance and financial outlook.

Key Highlights

• Resolution Achieved: GIC Housing Finance Ltd has successfully concluded its GST-related litigation with Uttar Pradesh authorities.
• Nil Demand Order: The company received a Nil Demand Order, confirming no outstanding liability.
• Financial Implications: The resolution eliminates potential financial exposure for the housing finance company.
• Regulatory Clarity: This outcome provides clarity on the company's GST compliance in Uttar Pradesh.

Impact on GIC Housing Finance

The successful resolution of this GST litigation is a positive development for GIC Housing Finance Ltd. Here's a breakdown of the potential impacts:

The Nil Demand Order effectively confirms that GIC Housing Finance has no outstanding GST liabilities with the Uttar Pradesh authorities. This resolution is likely to be viewed favorably by stakeholders, as it removes a source of uncertainty and potential financial burden for the company.

Broader Implications

This case highlights the importance of regulatory compliance and effective litigation management for financial institutions. For GIC Housing Finance, the successful resolution may:

1. Strengthen its position in dealing with regulatory matters in other states.
2. Serve as a positive precedent for similar cases in the housing finance sector.
3. Allow the company to focus more on its core business operations without the distraction of ongoing litigation.

As the housing finance sector continues to navigate the complex regulatory landscape, such resolutions provide valuable insights into the interaction between financial institutions and tax authorities.

While this development is certainly positive for GIC Housing Finance, investors and market observers should continue to monitor the company's overall financial performance and market position to gain a comprehensive understanding of its prospects.