GIC Housing Finance has informed that Board of Directors of its Company in its meeting held on 7th March, 2020, considered and approved the proposal for ‘Incorporation of New Subsidiary Company’ by the company for the purpose of carrying mainly the business of marketing and collection of the housing Loan products (along with other financial products) and such other objects as may be provided in the Memorandum of Association (MOA) of the new company.
The above information is a part of company’s filings submitted to BSE.
