Can Fin Homes Sets A Record Date For Dividend: Plans to Raise Funds up to ₹ 11,000 Crore

Stock Market Today: Can Fin Homes has set a record date for identifying the list of eligible sharehlders to receive a dividend. The board also has proposed to raise funds up to 11,000 Crore.

Can Fin Homes – Record Date for Final Dividend

The list of Eligible Shareholders to Receive the list of identifying the list of

For the fiscal year that concluded on March 31, 2025, Can Fin Homes Declared a Final Dividend of Rs. 6.00 per equity share with a face value of Rs. 2.00 apiece.

Can Fin Homes: to Raise Funds

The Board of Directors of Can Fin Homes also approved raising up to 11,000 Crore Using A Mix of Debt and Equity Instruments. Subject to shareholder approval, this entails raising 1,000 Crore Through Equity and 10,000 Crore Through Debt, Including Options LIKE Rights Issues and Qualified Institutional Placement (QIP).

In its release on the exchange, can fin homes said that the board of directors of the company has approved “to place the recommendation to the members at the embraces at the ensuing annual general Meeting for Isuance of ON-ON- ORSUNCE Off-shore debt instruments, include but not limited to bonds, nonconvertible debentures, non-converted subordinated debt in the nature of tier II NCDs/Bonds, Denominated In India Reported In India Right Any Foreign Currency, Up to an Amount Not Exceging RS.10,000 Croes (Rupees Ten Thousing Crores only). “

Also, The Board has approved “to place the recommendation to the members at the ensuing annual general meeting for further issue of shares through qualified institutional placement (QIP) and/Or preference and/or preference allotment and/ Rights issue for an amount not exceding Rs.1000 Crore (Rupees One Thousand Crres only).

These recommendations are being presented to shareholders for Approval at the company’s next Annual General Meeting (AGM), which is set for August 20, 2025.

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