GIC Housing Finance Ltd's Board Approves Key Document for Secured Non-Convertible Debenture Issue
GIC Housing Finance Ltd announced that its Board of Directors approved the Key Information Document (KID) on June 29, 2026. The approval pertains to a funding initiative through the issuance of debentures.The company's Board meeting held on Monday, June 29, 2026, considered and sanctioned the KID as per regulatory standards. This action paves the way for GIC Housing Finance Ltd to raise funds by issuing Secured, Listed, Rated, Redeemable, Taxable, Non-Convertible Debentures (NCDs) through a Private Placement basis.
The company further noted that additional information will be provided at the time of the actual issuance of NCDs or Bonds during the year.
GICHSGFIN Stock Price Movement
Shares of GIC Housing Finance Limited slipped today by 3.44% after trading closed, settling at ₹154.39. The stock saw considerable activity during the session, with a traded volume of 125,032 shares and operating within a daily range defined by a high of ₹158.97 and a low of ₹153.7.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.