SRG Housing Finance to Consider NCD Issue on October 9

Mumbai, October 7, 2025: SRG Housing Finance Limited (NSE: SRGHFL, BSE: 534680) announced that its Borrowing Committee will meet on October 9, 2025, to consider and approve the issue of Non-Convertible Debentures (NCDs) on a private placing basis, in one or several tranches.

The proposal follows a prior approval by the Board of Directors of the company on August 1, 2025, which approved fund-raising through NCDs and delegated powers to the Borrowing Committee for completing the terms of the issue.

SRG Housing Finance Limited, incorporated in 1999 and headquartered in Udaipur, Rajasthan, is engaged in providing housing loans primarily to individuals in the lower and middle-income segments. The company was listed on the BSE in August 2013 and is classified under the Housing Finance sector. SRG continues to strengthen its source of funds by diversifying its instruments, such as NCDs, for its expanding loan book in Tier II and Tier III cities.

Key Details

SRG Housing Finance Limited’s board of directors has convened a meeting on October 9, 2025, to consider and approve a private placement of Non-Convertible Debentures (NCDs). The corporation had previously obtained approval from its board of directors on August 1, 2025, and it is likely, as a result of the forthcoming meeting, to roll out the terms of the issue.

According to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Regulations 30 and 50(1), SRG Housing Finance informed the exchanges about it. Otherwise, its trading window will remain closed from Oct 1, 2025, and will open 48 hours after its announcement of Q2FY26 results.

Market Reaction

Following the announcement, SRG Housing Finance shares were trading at ₹300.15, down by 1.10% on October 7, 2025, at 12:52 PM IST. SRG Housing Finance Ltd.’s stock opened at ₹310 today and reached its intraday high of ₹316.95 before it dropped to a low of ₹300.15 during this session. The company, which boasts a market capitalization of nearly ₹470 crore, is trading at a multiple of 17.29 times its price-to-earnings ratio, indicating moderate valuation parameters. Shares have seen a trading band of between ₹272.35 and ₹414 over the last 52 weeks.

REF: https://nsearchives.nseindia.com/corporate/SRGHOUSING_06102025204834_Intimation_06102025.pdf

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