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Can Fin Homes gets nod to raise Rs 5,000 crore

24 Jul 2020 Evaluate

Can Fin Homes’ board has approved proposal to issue bonds up to an amount not exceeding Rs 4,000 crore. The bonds to be issued in the nature of Tier II non-convertible debentures (NCDs) can be placed onshore or offshore, denominated in Indian rupee or any foreign currency.

The board also approved further issue of shares/specified securities through rights/qualified institutions placement and/or preferential allotment basis or any other mode for an amount not exceeding Rs 1,000 crore. The Board of Directors of the company at their meeting held on July 23, 2020 has approved the same.

Can Fin Homes is a Housing Finance Company. The company offers finance for construction of a house, loan for the purchase of a flat or house, finance for the acquisition of a plot and construction of a house on the same.

Can Fin Homes Share Price

868.75 10.10 (1.18%)
17-Apr-2026 16:59 View Price Chart
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