India Home Loan Ltd — Important, 30-05-2026: Company Update
30-05-2026 | 11:55 am
30-05-2026 | 11:55 am
India Home Loan Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The company faced an RBI monetary penalty of INR 32,000 for non-compliance with customer KYC and risk categorization rules. Shareholders did not approve the continuation of Mr. Mahesh Narshibhai Pujara as Managing Director after he attained 70 years of age, leading to his re-designation as a Director. Crucially, the company defaulted on repaying Non-Convertible Debentures (NCDs) worth INR 20 crore, which were due on June 30, 2023. The outstanding liability for these NCDs now stands at INR 24.03 crore.
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