LIC Housing Finance Limited — Others, 29-06-2025: Security Cover Certificate
29-06-2025 | 02:34 pm
29-06-2025 | 02:34 pm
LIC Housing Finance has announced a Security Cover Certificate from its Debenture Trustee for its listed secured debt securities. The total sanctioned amount covers multiple private placement issuances aggregating substantial borrowing. The security cover ratio improved slightly to 1.20 times from 1.19 times in the previous quarter, indicating adequate collateral backing its debt. This stability reflects well on the company’s credit profile and reassures bondholders about the safety of their investments.
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