GIC HOUSING FINANCE LTD.

GIC Housing Finance Ltd. announced a change in its Senior Management Personnel (SMP). Shri B. B. Phonde, Senior Vice President and Head of HR & Admin Dept., has ceased to hold his position effective November 03, 2026. This change is due to his repatriation to The New India Assurance Co. Ltd., the Promoter Company. The company confirmed there are no other material reasons for this change and that a resignation letter is not applicable as it's a repatriation.

GIC Housing Finance Ltd has announced the appointment of Smt. Lavanya Mundayur as an Additional Director (Non-Executive Director) to its Board. The appointment, effective October 28, 2026, is subject to shareholder approval. Smt. Mundayur brings over three decades of experience in the insurance sector, having previously served as Chairman cum Managing Director at The New India Assurance Company Limited and Agriculture Insurance Company of India Ltd. She has held leadership roles in underwriting and claims, and has international experience. She holds a postgraduate degree in Analytical Chemistry and is a Fellow of the Insurance Institute of India.

GIC Housing Finance Ltd has announced a Board of Directors meeting scheduled for November 12, 2026. The meeting will inter alia consider and approve the unaudited standalone and consolidated financial results for the second quarter and half-year ended September 30, 2026, along with their limited review reports. The trading window for dealing in the company's securities will remain closed from September 30, 2026, to November 14, 2026, inclusive, in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

GIC Housing Finance Ltd announced a revision in its Benchmark Prime Lending Rate (BPLR). The company's Board of Directors, through a circular resolution, approved an increase of 25 basis points in the BPLR. The new BPLR will be 17.95% per annum, up from the previous rate of 17.70% per annum. This change is effective from November 1, 2026. The intimation was made in compliance with Regulation 30 and 51 of SEBI (LODR) Regulations, 2015.

GIC Housing Finance Ltd. has approved the allotment of 10,000 Non-Convertible Debentures (NCDs) on a private placement basis. Each NCD has a face value of ₹1,00,000, aggregating to a total of ₹100 crores. The allotment, made on September 28, 2026, was conducted through the Electronic Book Provider (EBP) platform of BSE. These NCDs carry a fixed interest rate of 8.15% per annum and were allotted to KIRI Industries Limited. The debentures are proposed to be listed on BSE Limited.

GIC Housing Finance Ltd has announced the appointment of Smt. Arumugam Manimekhalai as an Independent Director. The appointment was approved by the shareholders via postal ballot, with the scrutinizer's report dated September 28, 2026. Smt. Manimekhalai will serve for an initial term of 5 consecutive years, effective September 26, 2026. This change is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

GIC Housing Finance Ltd announced the completion of the second term for Smt. Rani Singh Nair as an Independent Director. Her tenure, which began on September 26, 2023, concluded on September 25, 2026. Consequently, she has also ceased to be a member or chairperson of any Board-level committees. The company expressed its appreciation for her contributions during her service.

GIC Housing Finance Ltd has announced the closure of its trading window for directors, promoters, designated officers, connected persons, and their immediate relatives. This closure is effective from September 30, 2026, and will remain in effect until the declaration of the financial results for the second quarter and half-year ending September 30, 2026. The trading window will reopen 48 hours after the financial results are made public. The company will announce the date of the Board Meeting to consider these results in due course.

GIC Housing Finance Ltd announced the issuance of Secured, Listed, Rated, Redeemable, Taxable, Non-Convertible Debentures (NCDs) 2026-27 Series 12 Tranche 2 on a private placement basis. The total issue size is Rs. 200 Crores, including a Green Shoe Option of up to Rs 100 Crores. The NCDs have a tenure of 1178 days, with an allotment date of September 28, 2026, and maturity on December 19, 2029. The coupon rate is 8.15% per annum, with interest payments scheduled annually and principal repayment at maturity. The debentures will be secured by a first-ranking charge on hypothecated assets. In case of default, an additional interest of 2% per annum will be payable.

GIC Housing Finance Ltd. announced a change in its Senior Management Personnel (SMP). Shri S.R. Ravi, currently Vice President, has been appointed as the Head of Operations Department, effective August 21, 2026. This appointment was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee. Concurrently, Smt. Paba Koshy will cease to be the Head of Operations but will continue in her role as Chief Financial Officer (CFO). Shri Ravi brings over 33 years of experience in housing finance.