Investment25 Feb 2026, 06:14 pm
GIC Housing Finance Ltd Allots NCDs Worth Rs. 150 Crores
AI Summary
GIC Housing Finance Ltd has allotted Non-Convertible Debentures (NCDs) amounting to Rs. 150 Crores on a private placement basis. The allotment was made on February 25, 2026, with each NCD having a face value of Rs. 1,00,000. The allotment includes 15,000 NCDs, issued to ICICI Bank and Reliance General Insurance Company Ltd. The NCDs are proposed to be listed on BSE Limited.
Key Highlights
- GIC Housing Finance Ltd allots NCDs worth Rs. 150 Crores
- NCDs issued on a private placement basis
- Each NCD has a face value of Rs. 1,00,000
- ICICI Bank and Reliance General Insurance Company Ltd are the allottees
- NCDs proposed to be listed on BSE Limited