GIC Housing Finance Announces Financial Results for FY2026, Recommends 45% Dividend

GIC Housing Finance Announces Financial Results for FY2026, Recommends 45% Dividend​

GIC Housing Finance Limited announced key corporate and financial developments following its Board of Directors meeting held on May 15, 2026. The board approved the audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, and recommended a dividend for the period.

The company also fixed the date for its 36th Annual General Meeting and approved enhanced limits for future fundraising.

Financial Results for FY2026​

The company released its financial results for the quarter and the full financial year ended March 31, 2026.

Standalone Financial Results (Amounts in Lakh)​

The audited Standalone Financial Results showed the following key figures:


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Consolidated Financial Results (Amounts in Lakh)​

The audited Consolidated Financial Results reported the following figures for the quarter and year ended March 31, 2026:


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Corporate Governance and Board Actions​

During the meeting, the Board of Directors took several key decisions:

• Dividend Recommendation: The board recommended a dividend for the Financial Year 2025-26 at 45%, translating to Rs. 4.50 per equity share (face value of Rs. 10 each). This dividend is subject to approval by the shareholders at the ensuing 36th Annual General Meeting.
• Record Date: The record date for determining shareholders entitled to the Final Dividend of Rs. 4.50 per equity share has been set as Friday, June 26, 2026.
• AGM Date: The 36th Annual General Meeting is scheduled for August 04, 2026, via Video Conference/Other Audio-Visual Means (OAVM).
• Fundraising Limits: The company approved increasing the limit for raising funds by issuing Redeemable Non-Convertible Debentures (NCDs)/Bonds on a Private Placement basis, up to an aggregate outstanding amount of Rs. 2,500 crores.
• Related Party Transactions: The board approved the limit for Material Related Party Transactions with promoter companies up to an aggregate limit of Rs. 1,000 crores, subject to shareholder approval.

Management Changes and Director Re-appointment​

The board addressed changes in key leadership and corporate governance structure:

Key Appointments:
The board approved the following key appointments:

• Chief Financial Officer (CFO): Ms. Paba Koshy, who previously served as Senior VP - Head of Operations Dept., was appointed as CFO effective July 01, 2026.
• Company Secretary & Compliance Officer: Shri Rajkumar Umedlal Gor was appointed as the Company Secretary & Compliance Officer effective June 02, 2026, following the resignation of Mrs. Nutan Singh, which was effective from close of business on June 01, 2026.

Director Re-appointment:
The board considered and recommended the re-appointment of several directors:

• Shri Hitesh Joshi and Smt. Rajeshwari Singh Muni were recommended for re-appointment as Non-Executive Directors who are retiring by rotation.
• Shri Sunil Kakar was recommended for re-appointment as an Independent Director for a second term of five consecutive years, effective from August 07, 2026, to August 06, 2031.

Additional Information​

The company confirmed that the "Trading Window" for dealing in its securities will open from Monday, May 18, 2026.

GICHSGFIN Stock Price Movement​

On Friday, shares of GIC Housing Finance Limited slipped by 0.06% to close at ₹151.35. The stock traded on 48,098 shares, marking a softer session relative to its previous close.