SRG Housing Finance Debt & Borrowing: ₹0.39 Cr
SRG Housing Finance completed a partial redemption of non-convertible debentures on September 24, 2026, paying Rs.0.39 Crore to debenture holders.
- Value
- ₹0.39 Cr
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SRG Housing Finance completed a partial redemption of non-convertible debentures on September 24, 2026, paying Rs.0.39 Crore to debenture holders.
SRG Housing Finance Limited has made the scheduled interest payment of Rs. 0.20 Crore for its non-convertible debentures on the due date.
SRG Housing Finance serviced its NCDs (INE559N07066) by making an interest payment and partial principal redemption totaling approximately ₹0.59 Crore.
Promoter Vinod Kumar Jain and Archis Jain acquired equity shares via market purchases worth Rs. 1.98 Crore across multiple transactions on 15-16 September 2026.
Management is in damage-control mode following an Economic Times article alleging a ₹400 Cr fund diversion. They deny all allegations while confirming NHB has 'Red Flagged' their account.
Promoter Vinod Kumar Jain acquired 70,000 equity shares of SRG Housing Finance Limited through an open market purchase. This increases his stake in the company.
Acuité reaffirmed SRG Housing Finance's A- rating (Stable) on ₹1,299 Crore debt. A Rating Watch with Developing Implications was attached.
SRG Housing Finance denied rumours of fictitious loan accounts flagged by NHB, stating no such communication was received. The ongoing NHB inspection is routine regulatory oversight.
SRG Housing Finance reported Q1FY27 AUM of INR 10,764 Mn, up 35.3% YoY. Strategy focuses on underserved rural markets with a 94% rural loan book and a shift towards automated banking collections.
SRG Housing Finance Ltd reported revenue from operations of ₹54 Cr (+26.8% YoY) and net profit of ₹8.5 Cr (+25.0% YoY) for Q1 FY27.
SRG Housing Finance reported FY26 AUM of INR 1,042 Cr and PAT of INR 33 Cr, maintaining focus on rural underserved borrowers with 94% rural loan book and 10.91% NIM.