Clarification3 Aug 2026, 12:31 pm
Aptus Value Housing Clarifies NHB Funding Rate to 7.90%
AI Summary
Aptus Value Housing Finance India Ltd has issued a clarification regarding comments made during its August 1, 2026 earnings call. The management inadvertently stated an initial funding rate from the National Housing Bank (NHB) between 8.20% and 8.30%. The company now clarifies that this rate was before applying applicable concessions. After considering concessions for women borrowers, SC/ST borrowers, and based on the company's rating, the effective NHB funding rate is approximately 7.90%. This correction aims to provide accurate information to stakeholders and the stock exchanges.
Key Highlights
- Clarification issued on NHB funding rate from earnings call.
- Initial reported rate of 8.20%-8.30% was before concessions.
- Effective NHB funding rate is now stated as approximately 7.90%.
- Concessions include those for women, SC/ST borrowers, and company rating.
- Aims to provide accurate financial information to stakeholders.
Price Impact
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