India Home Loan Ltd — Important, 01-07-2026: Company Update

India Home Loan Limited has finalized a debt restructuring agreement with IDFC FIRST Bank for its existing credit facilities. This covers an outstanding amount of ₹17.55 Cr, including ₹14.65 Cr principal and ₹2.91 Cr accrued interest. The agreement revises the repayment schedule to 84 monthly instalments, with an initial interest rate of 12% per annum that can drop to 11% if the first 12 payments are timely. Accrued penal interest has been waived, and new covenants include routing cash flows through the bank and a personal guarantee. This aims to align debt servicing with projected cash flows and enhance liquidity.