REG - Housing Dev Fin Corp - Outcome of Board Meeting - August 2, 2021

Housing Development FinanceAnnouncement

02/08/2021 07:05

RNS Number : 2107H
  
Housing Development Fin. Corp. Ltd.
  
02 August 2021
  
 

Ref. No. SE/2021-22/133
 
August 2, 2021
 
BSE Limited                                                               National Stock Exchange of India Limited
P. J. Towers,                                                                Exchange Plaza, Plot No. C/1,
Dalal Street,                                                                Bandra-Kurla Complex, Bandra (East),
Mumbai 400 001.                                                        Mumbai 400 051.
 
Kind Attn: - Sr. General Manager                         Kind Attn: Head - Listing 
                      DCS - Listing Department
 
Dear Sirs,
 
Sub:    Outcome of Board Meeting
 
We wish to inform you that at the meeting of the Board of Directors held today i.e., August 2, 2021, the Board approved the un-audited financial results [standalone] of the Corporation and the un-audited consolidated financial results for the quarter ended June 30, 2021, which have been subjected to limited review by the Statutory Auditors of the Corporation, in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations). 
 
A copy of the said results along with the limited review reports issued by the Statutory Auditors of the Corporation is enclosed herewith and the same is also being uploaded on the website of the Corporation i.e. www.hdfc.com. The quarterly results are also being published in the newspapers, in the format prescribed under Regulation 47 of the Listing Regulations. Press release being issued by the Corporation on the said results is also enclosed herewith.
 
We also wish to inform you that the Board of Directors at the said meeting, on the recommendation of the Nomination and Remuneration Committee of Directors, approved the following appointments:
 
·    Mr. Rajesh Narain Gupta (DIN: 00229040) as an Independent (Additional) Director for a term of 5 (five) consecutive years w.e.f. August 2, 2021; and
·    Mr. P. R. Ramesh (DIN: 01915274) as an Additional (non-executive non-independent) Director w.e.f. August 2, 2021.
 
In connection with the above, the Corporation would seek the requisite approval from its shareholders in due course.
 
The Corporation hereby affirms that both, Mr. Rajesh Narain Gupta and Mr. P. R. Ramesh are not debarred from holding the office of director by virtue of any order passed by SEBI or any other such authority and are not related to any Directors or Key Managerial Personnel of the Corporation. The brief profiles of Mr. Gupta and Mr. Ramesh are enclosed herewith as Annexures A and B respectively.
 
Please also find enclosed a 'Nil' statement of deviation or variation in the prescribed format as required under Regulation 32 of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019 as Annexure C.
 
Please note that in terms of the HDFC Securities Dealing Code and the SEBI (Prohibition of Insider Trading) Regulations, 2015, the window for trading in Securities of the Corporation will open on Thursday, August 5, 2021.
 
Please note that the said Board meeting commenced at 9.00 a.m. and concluded at 11.00 a.m.
 
We request you to take note of the above and arrange to bring this to the notice of all concerned. 
 
Thank you,
 
Yours faithfully,
For Housing Development Finance Corporation Limited
 
 
 
Ajay Agarwal
Company Secretary 
 
Encl: a.a.
 
cc:        London Stock Exchange
            10, Paternoster Square
London EC4M 7LS
 
http://www.rns-pdf.londonstockexchange.com/rns/2107H_1-2021-8-2.pdf
 
 
 

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