Can Fin Homes Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 20, 2025. Further, the company has informed the Exchange regarding voting results.
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Can Fin Homes held its 38th AGM on August 20, 2025, with all 10 resolutions passed by shareholders. These included adoption of FY25 financial statements, confirmation of Rs. 12 per share total dividend (Rs. 6 interim + Rs. 6 final), appointment of M/s. Kedarnath & Karthik as Secretarial Auditors, and reappointment of Shri Vikram Saha as Director. Shareholders also approved key capital-raising plans: increasing the borrowing limit to Rs. 55,000 crore, issuing NCDs/bonds up to Rs. 10,000 crore on private placement, and further issue of shares up to Rs. 1,000 crore. Two independent directors were also appointed/reappointed. Out of 98,324 shareholders on record, around 70% of outstanding shares were polled. Voting was largely one-sided, though the reappointment of Shri Vikram Saha drew notable dissent of about 12.2% (mainly from institutional investors at 26.4% against). The borrowing-limit increase and NCD issuance also saw around 1.4% institutional dissent.
The approvals give Can Fin Homes a significantly expanded runway to raise debt (up to Rs. 55,000 crore) and equity (up to Rs. 1,000 crore), supporting growth in its housing finance book. The confirmed Rs. 12 dividend offers a reasonable yield signal for retail holders. The dissent on the Vikram Saha reappointment from institutional investors is worth monitoring, though all resolutions comfortably passed.