Repco Home Finance Announces 26th AGM on Sept 29, 2026, Approves Dividend
Repco Home Finance will hold its 26th AGM on September 29, 2026, to approve the FY26 financial statements and declare a final dividend of ₹3 per share. Key agenda items include appointing joint statutory auditors, enhancing borrowing limits to ₹20,000 crore, and approving related party transactions up to ₹1300 crore. The company also plans to issue NCDs up to ₹1500 crore and CPs up to ₹1000 crore.
The AGM agenda includes several significant corporate actions such as dividend declaration, appointment of auditors, enhancement of borrowing limits, and approval of related party transactions, which have a medium-term impact on the company's operations and financial structure.
The announcement is a routine corporate event concerning the Annual General Meeting and related agenda items. It does not contain any specific financial performance data or strategic news that would strongly influence sentiment.
Repco Home Finance Limited has announced that its 26th Annual General Meeting (AGM) will be held on Tuesday, September 29, 2026, at 11:30 AM through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The company has also released its Annual Report for the financial year 2025-26, along with the AGM notice, which has been sent to shareholders electronically.
The AGM agenda includes the adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026. A final dividend of ₹3 per equity share (30% on face value of ₹10) for FY 2025-26 will be proposed for declaration.
Other key businesses to be transacted include the re-appointment of Mr. Esthaki Santhanam as a Non-Executive & Non-Independent Director, and the appointment of M/s. Rajagopal & Badri Narayanan as Joint Statutory Auditors for a period of three consecutive years. Approval will also be sought for related party transactions with Repco Bank, up to an aggregate limit of ₹1300 crore.
Furthermore, the company plans to seek shareholder approval to enhance its borrowing limits up to ₹20,000 crore and to offer or invite subscriptions for Non-Convertible Debentures (NCDs) up to ₹1500 crore and Commercial Paper (CP) up to ₹1000 crore on a private placement basis.
Additionally, the appointment of Mrs. Aparna Sudip Kumar as a Non-Executive & Independent Director for two years from August 11, 2026, and the appointment of Mr. Bakthavatsalu Kannan as Whole-time Director for two years from August 24, 2026, with an annual CTC of ₹75.30 Lakhs, will be proposed. The revision in remuneration for Mr. Thangappan Karunakaran, Managing Director & CEO, increasing his Annual Fixed Pay from ₹54 Lakhs to ₹61 Lakhs and Variable Pay from ₹21 Lakhs to ₹32 Lakhs, effective June 1, 2026, will also be presented for approval.
The Registrar of Members and Share Transfer Books will be closed from September 23, 2026, to September 29, 2026, for the AGM and dividend payment. The record date for dividend entitlement is September 22, 2026. Remote e-voting will commence on September 26, 2026, and conclude on September 28, 2026.
A plain-language summary of a public exchange filing by Repco Home Finance Limited. Read the original for the full detail.