GIC Housing Finance Limited — Important, 08-11-2024: Financial Result Updates

GIC Housing Finance Ltd. disclosed the outcome of its Board meeting, approving unaudited financial results for Q2 FY2024, which reported a net profit of ₹3,648 lakhs. The company revalidated a board resolution to raise up to ₹2,500 crores through non-convertible debentures and amended its insider trading code. Additionally, it announced a partnership with India Mortgage Guarantee Corporation for housing loans and detailed related party transactions for the half-year. Full results and details are available on their website.