LIC Housing Finance Limited — Others, 13-02-2025: Security Cover Certificate

LIC Housing Finance Limited has engaged Vistra ITCL (India) Limited to certify the Security Cover Ratio for its secured, listed, redeemable non-convertible debentures totaling ₹6,242 crores, as of December 31, 2024. The Security Cover Ratio remains strong at 1.00 times based on exclusive charge and 1.19 times on a pari-passu basis, indicating sufficient asset coverage for its debt obligations. This stability suggests that the company is maintaining its financial health and compliance with the covenant requirements, which could foster a positive outlook among investors while reflecting effective management of its secured liabilities.