ALPHA TRIBE

Can Fin Homes LimitedOthers, 25-06-2025: Security Cover Certificate

25-06-2025 | 03:45 pm

Can Fin Homes Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company has outstanding secured non-convertible debentures (NCDs) totaling Rs. 8,04,600 lakhs (80,460 Cr). An audit by V.K. Ladha & Associates confirmed all covenants related to these NCDs have been complied with, with no breaches reported. The audit also verified the asset cover supporting these debentures, confirming adequate security through exclusive and pari-passu charges on various loan assets, contributing to strong debt coverage. This reassures bondholders on the company’s financial discipline and security of debt instruments.

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