Company Announcements

Updates - Quarter ended March 31, 2022

Source: RNS
RNS Number : 0068H
Housing Development Fin. Corp. Ltd.
01 April 2022
 

Ref. No.: SE/2022-23/4

 

April 1, 2022

 

BSE Limited                                                                National Stock Exchange of India Limited

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

Dalal Street                                                                  Bandra-Kurla Complex

Mumbai 400 001                                                         Bandra (East), Mumbai 400 051

 

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

                                               

Dear Sirs,

 

Sub:     Intimation under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

 

In accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information in terms of Regulation 8 of SEBI (Prohibition of Insider Trading) Regulations, 2015, we would like to intimate the following:

 

1.   The individual loan business continued to see strong momentum during the quarter ended March 31, 2022.

 

2.   Loans assigned:

 

During the quarter ended March 31, 2022, the Corporation assigned individual loans amounting to ₹ 8,367 crore compared to ₹ 7,503 crore in the corresponding quarter of the previous year.

 

Individual loans sold in the preceding 12 months amounted to ₹ 28,455 crore (PY: ₹ 18,980 crore).

 

The Corporation also assigned ₹ 1,500 crore of standard, non-individual loans during the quarter ended March 31, 2022.

 

3.  Gross income from dividend for the quarter ended March 31, 2022 was ₹ 128 crore (PY: ₹ 111 crore).

 

4.   During the quarter ended March 31, 2022, there was no sale of investments in subsidiary/associate companies.

 

Kindly note that the above figures are subject to audit by the statutory auditors of the Corporation.

 

We request you to bring the above to the notice of all concerned.

 

Thank you.

 

Yours faithfully,

For Housing Development Finance Corporation Ltd.

 

 

Ajay Agarwal
Company Secretary

 

CC: London Stock Exchange

10, Paternoster Square, London, EC4M 7LS

 

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