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Company Announcements

RNS Number : 9127D
Housing Development Fin. Corp. Ltd.
02 November 2020
 

Ref. No. SE/2020-----21/208

 

November 2, 2020

 

BSE Limited                                                                           National Stock Exchange of India Limited

P. J. Towers,                                                                            Exchange Plaza, Plot No. C/1,

Dalal Street,                                                                            Bandra-Kurla Complex, Bandra (East),

Mumbai 400 001.                                                                    Mumbai 400 051.

 

Kind Attn: - Sr. General Manager                                     Kind Attn: Head - Listing

                             DCS - Listing Department

 

Dear Sirs,

 

Sub:    Outcome of Board Meeting

 

We wish to inform you that at the meeting of the Board of Directors of the Corporation held today i.e., November 2, 2020, the Board has approved the unaudited financial results [standalone] of the Corporation and the unaudited consolidated financial results along with a statement of cash flows, for the quarter/half-year ended September 30, 2020, in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations).

 

We would like to state that the statutory auditors of the Corporation have issued limited review reports with unmodified opinion on the financial statements.

 

A copy of the said results along with the limited review reports issued by the Statutory Auditors of the Corporation is enclosed herewith and the said documents are being uploaded on the website of the Corporation i.e. www.hdfc.com. The quarter/half-year ended results will also be published in the electronic version of newspapers, in the format prescribed under Regulation 47 of the Listing Regulations. A press release being issued by the Corporation on the said results and on impact of COVID-19 on the Corporation is also enclosed.

 

We also enclose herewith the disclosures in accordance with Regulation 52(4) of the Listing Regulations read with circulars issued by stock exchanges. A copy of the same duly signed by the Debenture Trustees will be sent to you within the time period stipulated under the said Regulations.

 

Please note that the said Board meeting commenced at 12.15 p.m. and concluded at 2.05 p.m.

 

Please also find enclosed statements of deviation or variation for equity & warrants and non-convertible debentures issued by the Corporation, in the prescribed format as required under Regulations 32 & 52(7) of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019 and Circular No. SEBI/HO/DDHS/08/2020 dated January 17, 2020.

 

Please note that in terms of the HDFC Securities Dealing Code and the SEBI (Prohibition of Insider Trading) Regulations, 2015, the window for trading in Securities of the Corporation by its employees and directors of the Corporation will open on Thursday, November 5, 2020.

 

We request you to take note of the above and arrange to bring this to the notice of all concerned.

 

 

Thank you,

 

Yours faithfully,

 

For Housing Development Finance Corporation Limited

 

 

 

Ajay Agarwal

Company Secretary

 

Encl: a.a.

 

cc:        London Stock Exchange

            10, Paternoster Square

London

EC4M 7LS     

 

 

 

 

Annexure - A.1

 

Disclosures in compliance with Regulation 52(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the half-year ended September 30, 2020.

 

 

·    The Secured Redeemable Non-Convertible Debentures (NCDs) issued by the Corporation have been assigned the highest rating of 'CRISIL AAA/Stable' and 'ICRA AAA/Stable'.

 

·    Asset cover available as on September 30, 2020, in case of the NCDs issued by the Corporation is 2.95

 

·    Debt-Equity ratio as on September 30, 2020 is 4.20

 

·    The Corporation has paid interest/ principal on NCDs and Commercial Papers on due dates. Details of payment of interest/ principal of the Secured Redeemable Non-Convertible Debentures and Commercial Papers as required under Regulation 52(4)(d) and Regulation 52(4)(e) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is provided in Annexure - A-2 and A-3.

 

·    Intimation in terms of Regulations 30 and 57(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding payment of interest and principal amount in respect of all listed debt securities is submitted to the stock exchanges as and when the payment is done by the Corporation and the same is also sent to the Debenture Trustees.

 

·    Debt service coverage ratio as on September 30, 2020 is 0.39

 

·    Interest service coverage ratio as on September 30, 2020 is 1.50

 

·    The Corporation is not required to create Debenture Redemption Reserve as per the General Circular no. 4/2003 dated January 16, 2003 issued by the Department of Company Affairs and Rule 18(7) (b) (ii) of Companies (Share Capital and Debentures) Rules, 2014.

 

·    Net worth as on September 30, 2020 is ` 100,133.45 crore.

 

·    Net Profit after Tax for the half-year ended September 30, 2020 is ` 5,921.64

 

·    Earnings per share for the half year ended September 30, 2020: Basic ` 33.84 and Diluted ` 33.78

 

 

 

 

Annexure - A-2

 

Details of payment of interest/ principal of the Secured Redeemable Non-Convertible Debentures in accordance with Regulation 52(4)(d) and Regulation 52(4)(e) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

 

Sr. No.

NCD Series

ISIN No.

Previous due date

April 1, 2020 to September 30, 2020)

Interest

(October 1, 2020 to March 31, 2020)

Principal

(October 1, 2020 to March 31, 2021)

Interest

Principal

Next due date

Amount (Rs. in crore)

Next due date

Amount (Rs. in crore)

1

193 (G-012)

INE001A07FG3

08-Apr-20

-

-

-

-

-

2

196 (G-015)

INE001A07FJ7

09-Apr-20

-

-

-

-

-

3

199 (H-003)

INE001A07FM1

20-May-20

20-May-20

-

-

-

-

4

204 (H-008)

INE001A07FR0

21-Jul-20

21-Jul-20

-

-

-

-

5

206 (H-010)

INE001A07FT6

18-Aug-20

18-Aug-20

-

-

-

-

6

208 (H-012)

INE001A07FV2

-

-

19-Oct-20

44.75

19-Oct-20

500.00

7

209 (H-013)

INE001A07FW0

-

-

26-Nov-20

22.45

26-Nov-20

250.00

8

212 (H-016)

INE001A07FZ3

23-Jun-20 23-Sep-20

-

23-Dec-20

11.19

23-Dec-20

500.00

9

216 (H-020)

INE001A07GD8

-

-

18-Jan-21

37.20

18-Jan-21

400.00

10

227 (H-031)

INE001A07GO5

13-Apr-20

-

-

-

-

-

11

I-001

INE001A07GP2

03-May-20

-

-

-

-

-

12

I-007

INE001A07GV0

10-Jun-20

-

-

-

-

-

13

I-012

INE001A07HA2

20-Jul-20

-

-

-

-

-

14

I-016

INE001A07HE4

17-Aug-20

-

-

-

-

-

15

I-019

INE001A07HH7

23-Sep-20

-

-

-

-

-

16

I-021

INE001A07HJ3

-

-

11-Nov-20

66.33

-

-

17

J-002

INE001A07II3

09-May-20

-

-

-

-

-

18

J-008

INE001A07IO1

04-Jul-20

-

-

-

-

-

19

K-024

INE001A07KU4

-

-

21-Mar-21

17.90

-

-

20

M-009

INE001A07MS4

24-Jun-20

-

-

-

-

-

21

M-014

INE001A07MX4

13-Aug-20

-

-

-

-

-

22

M-018

INE001A07NB8

28-Aug-20

-

-

-

-

-

23

N-004

INE001A07NJ1

-

-

23-Jan-21

42.23

-

-

24

N-008

INE001A07NN3

-

-

25-Feb-21

63.38

-

-

25

N-010

INE001A07NP8

-

-

04-Mar-21

50.58

-

-

26

N-015

INE001A07NU8

27-Apr-20

27-Apr-20

-

-

-

-

27

N-017

INE001A07NW4

18-May-20

18-May-20

-

-

-

-

28

O-001

INE001A07NZ7

31-Aug-20

31-Aug-20

-

-

-

-

29

O-002

INE001A07OA8

18-Sep-20

18-Sep-20

-

-

-

-

30

P-002

INE001A07OO9

-

-

04-Mar-21

136.33

04Mar-21

1558.00

31

P-006

INE001A07OS0

26-Apr-20

-

-

-

-

-

32

P-007

INE001A07OT8

04-May-20

-

-

-

-

-

33

P-011

INE001A07OX0

13-May-20

-

-

-

-

-

34

P-012

INE001A07OY8

18-May-20

-

-

-

-

-

35

P-015

INE001A07PB3

01-Jun-20

-

-

-

-

-

36

P-016

INE001A07PC1

15-Jun-20

-

-

-

-

-

37

P-019

INE001A07PF4

24-Jun-20

-

-

-

-

-

38

P-023

INE001A07PJ6

29-Jul-20

-

-

-

-

-

39

Q-003

INE001A07PN8

24-Aug-20

-

-

-

-

-

40

Q-011

INE001A07PV1

-

-

18-Nov-20

154.40

-

-

41

R-005

INE001A07QG0

27-Mar-20

27-Mar-20

27-Mar-21

92.19

-

-

42

R-006

INE001A07QH8

13-Apr-20

13-Apr-20

-

-

-

-

43

R-007

INE001A07QI6

18-Apr-20  18-Jun-20

18-Jun-20

-

-

-

-

44

R-008

INE001A07QJ4

24-Apr-20

24-Apr-20

-

-

-

-

45

R-009

INE001A07QK2

19-May-20

19-May-20

-

-

-

-

46

R-010

INE001A07QL0

22-Jun-20

22-Jun-20

-

-

-

-

47

R-011

INE001A07QM8

29-Jun-20

29-Jun-20

-

-

-

-

48

R-014

INE001A07QP1

26-Jun-20

26-Jun-20

-

-

-

-

49

R-015

INE001A7QQ9

13-Jun-20

07-Jul-20

07-Jul-20

-

-

-

-

50

R-016

INE001A07QR7

16-Sep-20

16-Sep-20

-

-

-

-

51

R-018

INE001A07QT3

20-Jun-20

-

-

-

-

-

52

R-023

INE001A07QY3

01-Aug-20 01-Sep-20

01-Sep-20

-

-

-

-

53

S-004

INE001A07RC7

-

-

17-Nov-20

185.00

17-Nov-20

2500.00

54

U-001

INE001A07RG8

-

-

16-Oct-20

267.25

-

-

55

U-003

INE001A07SA9

INE001A07SS1

-

-

01-Nov-20  01-Nov-20

50.02    0.18  

-

-

56

U-004

INE001A07RJ2

-

-

20-Nov-20

362.00

-

-

57

U-005

INE001A07RK0

-

-

29-Nov-20

810.00

-

-

58

U-006

INE001A07RL8

18-Jun-20

18-Jun-20

-

-

-

-

59

U-007

INE001A07RM6

-

-

21-Dec-20

433.00

-

-

60

U-008

INE001A07RN4

-

-

15-Dec-20

398.16

15-Dec-20

5000.00

61

U-010

INE001A07RP9

-

-

15-Oct-20

215.50

15-Oct-20

2500.00

62

V-001

INE001A07RQ7

28-May-20

28-May-20

-

-

-

-

63

V-002

INE001A07RR5

15-Jul-20

15-Jul-20

-

-

-

-

64

V-003

INE001A07RS3

-

-

18-Mar-21

429.00

-

-

65

V-004

INE001A07RT1

-

-

27-Mar-21

427.50

-

-

66

V-005

INE001A07RU9

20-Jun-20

-

-

-

-

-

67

V-006

INE001A07RV7

11-Jul-20

-

-

-

-

-

68

V-007

INE001A07RW5

18-Jul-20

-

-

-

-

-

69

V-008

INE001A07RX3

14-Aug-20

-

-

-

-

-

70

W-001

INE001A07RY1

16-Sep-20

-

-

-

-

-

71

W-002

INE001A07RZ8

26-Sep-20

-

-

-

-

-

72

W-003

INE001A0.7SB7

-

-

22-Oct-20

483.00

-

-

73

W-004

INE001A07SC5

-

-

25-Nov-20

349.50

-

-

74

W-005

INE001A07SD3

-

-

30-Dec-20

183.86

-

-

75

W-006

INE001A07SE1

-

-

08-Jan-21

238.50

 

 

76

W-007

INE001A07SF8

28-Jun-20

-

-

-

-

-

77

W-008

INE001A07SG6

-

-

10-Feb-21

184.49

-

-

78

W-009

INE001A07SH4

-

-

13-Feb-21

349.50

-

-

79

W-010

INE001A07SI2

-

-

28-Feb-21

148.37

-

-

80

X-003

INE001A07SL6

-

-

13-Dec-20

103.48

-

-

81

X-005

INE001A07SN2

-

-

10-Dec-20

155.93

-

-

 

 

 

 

Annexure - A-3

 

Details of payment of  principal of Commercial Papers in accordance with Regulation 52(4)(d) and Regulation 52(4)(e) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

 

Sr. No.

CP Series

ISIN No.

Principal

April 1, 2020 to September 30, 2020)

Principal

(October 1, 2020 to March 31, 2021)

Previous due date

Amount (Rs. in crore)

Next due date

Amount (Rs. in crore)

1

CP-7&8/2019-20

INE001A14VH4

20-May-20

900.00

-

-

2

CP-10/2019-20

INE001A14VK8

26-May-20

1300.00

-

-

3

CP-11/2019-20

INE001A14VJ0

12-May-20

1100.00

-

-

4

CP-16/2019-20

INE001A14VO0

10-Jul-20

1500.00

-

-

5

CP-17/2019-20

INE001A14VP7

03-Jul-20

200.00

-

-

6

CP-19,20&21/2019-20

INE001A14VQ5

05-Aug-20

2600.00

-

-

7

CP-22/2019-20

INE001A14VS1

13-Aug-20

1250.00

-

-

8

CP-23/2019-20

INE001A14VT9

26-Aug-20

750.00

-

-

9

CP-24/2019-20

INE001A14VU7

02-Sep-20

1000.00

-

-

10

CP-25/2019-20

INE001A14VV5

09-Sep-20

2000.00

-

 

11

CP-29/2019-20

INE001A14VZ6

-

-

09-Oct-20

1000.00

12

CP-30&31/2019-20

INE001A14WA7

-

-

19-Oct-20

1275.00

13

CP-32/2019-20

INE001A14WB5

-

-

03-Nov-20

1000.00

14

CP-35/2019-20

INE001A14WD1

-

-

27-Nov-20

1100.00

15

CP-37/2019-20

INE001A14WF6

15-May-20

1500.00

-

-

16

CP-38/2019-20

INE001A14WG4

-

-

13-Jan-21

2150.00

17

CP-39/2019-20

INE001A14WH2

-

-

05-Feb-21

2000.00

18

CP-40/2019-20

INE001A14WI0

-

-

10-Feb-21

1425.00

19

CP-41/2019-20

INE001A14WJ8

-

-

27-Jan-21

1000.00

20

CP-42&43/2019-20

INE001A14WK6

-

-

24-Feb-21

2575.00

21

CP-44/2019-20

INE001A14WL4

15-Jun-20

2000.00

-

-

22

CP-2/2020-21

INE001A14WM2

-

-

10-Mar-21

2800.00

23

CP-3/2020-21

INE001A14WO8

10-Aug-20

3000.00

-

-

24

CP-5/2020-21

INE001A14WQ3

25-Sep-20

2000.00

-

-

25

CP-6/2020-21

INE001A14WR1

-

-

09-Nov-20

3000.00

26

CP-8/2020-21

INE001A14WT7

-

-

28-Oct-20

2000.00

27

CP-9/2020-21

INE001A14WU5

-

-

18-Dec-20

3000.00

 

 

 

 http://www.rns-pdf.londonstockexchange.com/rns/9127D_1-2020-11-2.pdf

 

 

 

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