REG - Housing Dev Fin Corp - Quarterly Updates - June 30, 2022

Housing Development FinanceAnnouncement

01/07/2022 13:15

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RNS Number : 0625R  Housing Development Fin. Corp. Ltd.  01 July 2022

Ref. No.: SE/2022-23/89

 

July 1, 2022

 

BSE
Limited
National Stock Exchange of India Limited

P. J.
Towers
Exchange Plaza, Plot No. C/1, G Block

Dalal
Street
Bandra-Kurla Complex

Mumbai 400
001
Bandra (East), Mumbai 400 051

 

Kind Attn: Sr. General Manager                                              Kind Attn: Head - Listing
 DCS - Listing Department

 

Dear Sirs,

 

Sub:     Intimation under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

 

In accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information in terms of Regulation 8 of SEBI (Prohibition of Insider Trading) Regulations, 2015, we would like to intimate the following:

 

1.  During the quarter ended June 30, 2022, the profit on sale of investments
was ₹ 184 crore (Previous Year: ₹ 263 crore).  This was on account
of the Corporation's 10% stake sale in HDFC Capital Advisors Limited.

 

2.  Gross income from dividend for the quarter ended June 30, 2022
was ₹ 687 crore (PY: ₹ 16 crore).

 

3.  Loans assigned: During the quarter ended June 30, 2022, pursuant to the
buyback option embedded in the home loan arrangement between the Corporation
and HDFC Bank, the Corporation assigned loans to HDFC Bank amounting to ₹
9,533 crore compared to ₹ 5,489 crore in the corresponding quarter of the
previous year.

 

Individual loans sold in the preceding 12 months amounted to ₹ 32,499 crore
(PY: ₹ 23,093 crore).

 

Kindly note that all the figures are subject to limited review by the
statutory auditors of the Corporation.

 

We request you to bring the above to the notice of all concerned.

 

Thank you.

 

Yours faithfully,

For Housing Development Finance Corporation Ltd.

 

 

Ajay Agarwal
Company Secretary

 

CC: London Stock Exchange

10, Paternoster Square, London, EC4M 7LS

 

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