GIC Housing Finance Limited — Important, 24-07-2025: General Updates

GIC Housing Finance has allotted Non-Convertible Debentures, successfully raising Rs. 400 Cr through a private placement. These debt instruments were issued in two series, carrying fixed interest rates of 7.49% and 7.59% per annum. Subscribed by various financial institutions, these NCDs are slated for listing on BSE. This strategic debt issuance strengthens the company's financial position and provides capital for its lending operations.