LICHSGFINNSELIC HOUSING FINANCE LTD· Finance - HousingHighNeutral
Announced Thu, 27 Aug, 2026 · 17:46 IST

LICHFL clarifies on NCLT order in Dr. Subhash Chandra insolvency case

Nclt Resolution ApprovedRegulatory & Legal View source PDFExplain this filing

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Price reaction · full curve 14 horizons · vs prior close
+0.5%1-day move
₹535.75
prior close
₹536.00
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AI summary

LICHFL clarified media reports on NCLT approving a repayment plan in Dr. Subhash Chandra's personal insolvency proceedings, where he is Personal Guarantor for two LICHFL loan accounts. LICHFL has an admitted claim of Rs 322.39 crore, but the repayment plan only provides Rs 38.09 lakh. LICHFL confirmed it retains security interest over the mortgaged assets and the order does not affect the corporate borrower's liabilities.

Likely market impact

Security interest retained on assets, corporate borrower liabilities unaffected, limited recovery from personal guarantor, minimal impact on LICHFL.