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Can Fin Homes has received board approval to raise up to Rs. 11,000 crore—Rs. 10,000 crore through debt instruments and Rs. 1,000 crore via QIP, rights issue, or preferential allotment.
Can Fin Homes Ltd has received board approval to raise up to Rs. 11,000 crore through a combination of debt and equity routes. The housing finance company disclosed that Rs. 10,000 crore will be mobilised through onshore or offshore debt instruments, including bonds, non-convertible debentures (NCDs), and subordinated debt in Indian or foreign currency. In addition, Rs. 1,000 crore will be raised via equity mechanisms such as Qualified Institutional Placement (QIP), rights issue, or preferential allotment.
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Board approves fund-raising of up to Rs. 11,000 crore
Rs. 10,000 crore to be raised via debt instruments
Rs. 1,000 crore to be raised via QIP, rights issue, or preferential allotment
Proposals to be placed before shareholders at AGM on August 20
Final dividend of Rs. 6 per share; record date fixed as July 11
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The company’s fund-raising strategy is designed to strengthen its capital base and support future lending activities. The debt component, at Rs. 10,000 crore, allows flexibility through multiple channels and currencies. The equity component provides additional financial leverage via market-facing instruments.
Can Fin Homes Fund-Raising Plan
Instrument Type | Amount (Rs.) | Channel/Method |
Debt | 10,000 crore | Bonds, NCDs, subordinated debt (INR/foreign) |
Equity | 1,000 crore | QIP, rights issue, preferential allotment |
Total | 11,000 crore |
|
Both proposals will be presented at the upcoming Annual General Meeting scheduled for August 20, 2025. The company has also declared a final dividend of Rs. 6 per share for the financial year, with July 11 set as the record date for shareholders to be eligible for the payout.
Can Fin Homes has also appointed Swarupananda Mallick as an Additional Director (Independent) for a three-year term beginning August 21, 2025, subject to shareholder approval at the AGM.
Investors will be watching the developments closely, especially ahead of the AGM. The scale and structure of the capital raise could influence the Can Fin Homes share price in the coming weeks. As the execution of these plans unfolds, fluctuations in Can Fin Homes share price may reflect investor sentiment around expansion, funding costs, and regulatory clarity. With a dividend and fund-raising pipeline in place, Can Fin Homes share price remains in focus for market participants.
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Source: Money Control
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