StockWatch
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Housing Finance Company
Board Meeting2 Jun 2026, 12:17 pm

Can Fin Homes Board to Meet on June 8 for Fund Raising Approval

AI Summary

Can Fin Homes Ltd has scheduled a meeting of its Board of Directors on June 8, 2026, to consider and approve the borrowing or raising of funds. The proposed capital raise involves the issuance of secured and/or unsecured non-convertible debentures and non-convertible subordinated debt Tier-II debentures. This proposal is subject to approval by shareholders via a special resolution at the upcoming Annual General Meeting.

Key Highlights

  • Board meeting scheduled for June 8, 2026, to discuss fund raising.
  • Company plans to issue non-convertible debentures and Tier-II debt instruments.
  • Fund raising is subject to shareholder approval via special resolution at the AGM.
  • Issuance will comply with Companies Act 2013 and SEBI regulations.