The Board of Directors at their meeting held today 13.01.2026, has inter alia taken on record and approved the un-audited Financial Results and Limited Review Report for the quarter/9 months ....
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The Board of Ind Bank Housing Ltd approved unaudited financial results for the quarter and nine months ended 31 December 2025 on 13 January 2026. The company has zero revenue from operations as its Certificate of Registration as a Housing Finance Institution was cancelled by the RBI in September 2023, after which the Board decided to stop HFI/NBFI business and in-principle consented to wind up the company. Total income for Q3 FY26 stood at Rs 17.46 lakhs (entirely 'Other Income'), while the 9M FY26 loss narrowed sharply to Rs 7.07 lakhs from Rs 25.41 lakhs in 9M FY25. Reserves remain deeply negative at Rs (13,056.72) lakhs, indicating a severely eroded net worth. The auditor (A.R. Krishnan & Associates) issued an unqualified limited review report but explicitly highlighted the RBI licence cancellation and the proposed wind-up as a key matter in their report.
The stock remains in a wind-down phase with no operating business, negative net worth, and no clarity on timelines or payouts to shareholders from the proposed voluntary winding-up. Near-term shareholder value is likely limited and contingent on the wind-up process and any residual asset realisation.