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Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
22 announcements match the current filters (relevance ≥ 5).
LIC Housing Finance Q3 FY26 Results Approved; Re-appoints Independent Director
LIC Housing Finance has approved its financial results for the third quarter of FY26, maintaining regulatory compliance with no deviations in fund utilization. The consolidated subsidiaries contributed ₹12.61 crore to the quarterly profit on a revenue base of ₹38.91 crore. Management stability is reinforced by the re-appointment of Independent Director Jagennath Jayanthi for another five-year term. Investors should monitor the core mortgage business performance and asset quality metrics in the detailed report.
Key Highlights
Board approved unaudited standalone and consolidated financial results for the quarter ended December 31, 2025.
Consolidated subsidiaries reported a total revenue of ₹38.91 crore and a net profit of ₹12.61 crore for Q3 FY26.
Year-to-date (9M FY26) subsidiary revenue reached ₹97.98 crore with a net profit of ₹22.40 crore.
Smt. Jagennath Jayanthi re-appointed as Independent Director for a second 5-year term effective February 5, 2026.
Confirmed 'Nil' deviation in the utilization of issue proceeds for non-convertible debentures and commercial papers.
👀 What to Watch
Investors should examine the detailed standalone financial statements to assess Net Interest Margins and asset quality trends. The re-appointment of an experienced director supports board stability and governance.
LICHSGFIN Shareholders Approve Doraiswamy Ramachandran as Chairman with 85.26% Majority
LIC Housing Finance Limited has successfully passed a postal ballot resolution to appoint Shri Doraiswamy Ramachandran as a Non-Executive (LIC Nominee) Director and Chairman. The resolution received 85.26% of the total votes in favor, with a high overall voter turnout of 83.47%. While the promoter group voted entirely in favor, there was notable dissent from public institutional investors, where 32.21% of votes were cast against the appointment. This leadership change formalizes the company's board structure under the guidance of its parent entity, LIC.
Key Highlights
Shri Doraiswamy Ramachandran appointed as Chairman with 39.14 crore votes in favor (85.26%).
Total voter turnout reached 83.47% of outstanding shares, representing 45.91 crore total votes.
Significant institutional dissent noted, with 32.21% of institutional votes (6.77 crore shares) cast against the resolution.
Promoter and Promoter Group (LIC) supported the resolution with 100% of their 24.88 crore shares.
Public non-institutional shareholders overwhelmingly supported the move with 96.20% votes in favor.
👀 What to Watch
Investors should recognize the appointment as a standard alignment with the parent company (LIC), though the high institutional dissent suggests some shareholders may have preferred an independent chair. Monitor for any shifts in strategic direction under the new leadership.