GIC Housing Finance Limited has informed the Exchange regarding 'Intimation under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements} Regulations, 2015 - Allotment of Non-Convertible Debentures (NCDs} aggregating to Rs. 150 Crores on Private Placement basis'.
GICHSGFIN · price
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GIC Housing Finance Limited has allotted 15,000 Non-Convertible Debentures (NCDs) of face value Rs. 1,00,000 each on a private placement basis, aggregating to Rs. 150 crores. The NCDs were issued at par with a coupon rate of 7.59% per annum and will be listed on BSE. Allotments were made to ICICI Bank and Reliance General Insurance Company Ltd on February 25, 2026.
The company has raised Rs. 150 crore through debt at a competitive rate, which strengthens its funding base for lending operations. The participation of marquee institutional investors like ICICI Bank signals confidence in the company's credit profile.