LIC Housing Finance Holds 37th AGM, Approves Dividend and NCD Issuance
LIC Housing Finance held its 37th AGM on August 28, 2026. The company declared a final dividend of ₹10 per equity share. Shareholders also approved the issuance of NCDs up to ₹55,000 crore. The audited financial statements for FY 2025-26 were adopted.
The approval of a large debt issuance of ₹55,000 crore and the declaration of a dividend are material events that can significantly impact the company's financial structure, liquidity, and shareholder returns.
The company declared a dividend and received approval for a significant debt fundraising, which are positive indicators for the company's financial health and growth prospects.
LIC Housing Finance Limited conducted its 37th Annual General Meeting (AGM) on Friday, 28th August, 2026, at 3:30 PM IST, through Video Conference (VC) / Other Audio Visual Means (OAVM). The meeting was chaired by Shri R Doraiswamy, Chairman and Non-Executive Director.
During the AGM, the audited standalone and consolidated financial statements for the Financial Year ended March 31, 2026, were considered and adopted. A final dividend of ₹10 per Equity Share for the financial year ended March 31, 2026, was declared. Additionally, Shri P Koteswara Rao, who retires by rotation, offered himself for re-appointment as a Director.
A key agenda item was the approval for the issuance of Redeemable Non-Convertible debentures (NCDs) or any other instruments on a private placement basis, with an authority granted to the Board of Directors for an amount not exceeding ₹55,000 crore. The consolidated voting results, along with the Scrutinizer's Report, will be submitted separately within two working days. The meeting concluded at 04:30 PM IST.
A plain-language summary of a public exchange filing by LIC Housing Finance Limited. Read the original for the full detail.