Can Fin Homes Limited has informed the Exchange that Record date for the purpose of Dividend is 11-Jul-2025.
CANFINHOME · price
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Can Fin Homes has fixed July 11, 2025 as the record date for a final dividend of Rs. 6.00 per equity share (face value Rs. 2.00) for FY25, subject to shareholder approval at the AGM. The 38th AGM will be held on August 20, 2025 via video conference. The Board also recommended seeking shareholder approval to raise up to Rs. 10,000 crore through debt instruments (bonds, NCDs, Tier II bonds) in domestic and foreign currency. Additionally, it proposed raising up to Rs. 1,000 crore through QIP, preferential allotment, or rights issue. The Board appointed Shri Swarupananda Mallick as an Additional Non-Executive Independent Director for 3 years from August 21, 2025.
Existing shareholders will receive Rs. 6 per share as dividend if approved, providing steady income. The proposed Rs. 1,000 crore equity raise (via QIP, preferential or rights) could lead to share dilution, while the Rs. 10,000 crore debt plan may increase leverage but supports business growth for this housing finance company.