LIC Housing Finance Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 29, 2025
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LIC Housing Finance has called its 36th AGM for Friday, August 29, 2025, at 3:30 PM, to be held via video conferencing. Shareholders will vote on declaring a final dividend of ₹10 per equity share for FY25, with the record date set for August 22, 2025 and payments expected between September 18 and 28, 2025. The agenda includes appointing joint statutory auditors (Shah Gupta & Co. and Batliboi & Purohit) for three years at an aggregate fee of ₹90 lakh, two new Independent Directors, and a LIC nominee director. The company is also seeking shareholder approval to issue redeemable NCDs up to ₹54,000 crore on a private placement basis and to approve related party transactions with promoter LIC of India up to ₹6,000 crore. Remote e-voting will be open from August 26 to August 28, 2025.
Investors holding shares as of August 22, 2025 will be eligible for the ₹10 dividend. The large NCD borrowing limit (₹54,000 crore) and continued related party transactions with LIC signal ongoing debt-driven growth and strong promoter dependence, while multiple director and auditor changes point to routine governance refresh.