Quarterly Result15 May 2026, 08:31 pm
GIC Housing Finance: FY26 Results, 45% Dividend Recommended
AI Summary
GIC Housing Finance Ltd's board approved the audited standalone and consolidated financial statements for the year ended March 31, 2026. A dividend of 45% (₹4.50 per share) has been recommended, subject to shareholder approval. The record date for the dividend is June 26, 2026. The 36th Annual General Meeting will be held on August 4, 2026, via video conference. The board also approved raising funds up to ₹2,500 crores through NCDs/Bonds and material related party transactions up to ₹1,000 crores, both subject to shareholder approval. Ms. Paba Koshy is appointed as CFO effective July 1, 2026.
Key Highlights
- Audited FY26 financial results approved by the board.
- Dividend of ₹4.50 per share (45%) recommended for FY26.
- Record date for dividend is set as June 26, 2026.
- Plans to raise up to ₹2,500 crores via NCDs/Bonds.
- Paba Koshy appointed as CFO effective July 1, 2026.
Price Impact
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