Repco Home Finance Ltd

Fundraising approval

• Shareholders approved raising funds via private placement of NCDs up to ₹1,500 crore.
• Shareholders approved private placement of Commercial Papers up to ₹1,000 crore.
• The approvals were given at the 26th AGM held on 29 September 2026.
• Funding will be raised on a private placement basis under applicable Companies Act provisions.

Borrowing limit enhancement

• Purpose: enhancement of borrowing limits under Section 180(1)(c) of the Companies Act.
• Approved by members at the 26th AGM held on 29 September 2026.
• Borrowing limit increased from Rs 15,000 crores to Rs 20,000 crores.
• Meeting conducted via Video Conference/OAVM.

Aparna Sudip Kumar – Independent Director

• Appointment of Aparna Sudip Kumar as Non-Executive Independent Director for 2 years from 11 Aug 2026.
• Reason: recommended by NRC and Board; approved at 26th AGM.
• Profile: 30+ years IT leadership; ISB; former CIO roles.
• Not related to any directors.
• Not debarred by SEBI or any authority.

Bakthavatsalu Kannan – Whole-time Director

• Appointment of Bakthavatsalu Kannan as Whole-time Director for 2 years from 24 Aug 2026.
• Profile: GM, Repco Bank; 31+ years in banking; BSc Physics; MSc Social Work; Diploma IS Audit; CAIIB.
• Reason: NRC and Board recommendation; AGM approved.
• Terms: 2-year term; liable to retire by rotation.
• Not related to any directors.
• Not debarred by SEBI.

No change in Board of Directors or Key Managerial Personnel reported

AGM Details

• Date and time: 29-09-2026 at 11:30 AM; mode not specified.

Key Resolutions & Outcomes

• Resolution 1 (Ord): Adoption of accounts — passed; in-favour ~99.999%.
• Resolution 2 (Ord): Dividend declaration — passed; in-favour ~99.999%.
• Resolution 3 (Ord): Re-appointment of Esthaki Santhanam as Director — passed.
• Resolution 4 (Ord): Appointment of Joint Statutory Auditors — passed.
• Resolution 5 (Ord): Related party transactions with Repco Bank — passed.
• Resolution 6 (Special): Borrowing limits up to Rs 20,000 crore — passed.
• Resolution 7 (Special): NCD/CP issuance up to Rs 1,500 crore and Rs 1,000 crore — passed.
• Resolution 8 (Special): Appointment of Aparna Sudip Kumar as Non-Executive Director — passed.
• Resolution 9 (Ord): Appointment of Bakthavatsalu Kannan as Whole-time Director — passed.
• Resolution 10 (Ord): Revision in remuneration for MD & CEO — passed.

Dividend declaration

• Final dividend of Rs 3 per equity share (face value Rs 10) for FY2025-26.
• AGM held on 29 September 2026 via VC/OAVM.
• Dividend relates to financial year ended 31 March 2026.
• Intimation filed under SEBI LODR Regulations 2015.

AGM details

• AGM held on 29 September 2026 at 11:30 A.M. via VC/OAVM.
• 52 members attended via video conference.
• Voting conducted remotely and at AGM; results to be announced.

Key resolutions and status

• Resolution 1 (Ordinary): Adoption of accounts — outcome pending.
• Resolution 2 (Ordinary): Declaration of dividend — outcome pending.
• Resolution 3 (Ordinary): Re-appointment of Esthaki Santhanam.
• Resolution 4 (Ordinary): Appointment of Joint Statutory Auditors.
• Resolution 5 (Special): Related party transactions with Repco Bank.
• Resolution 6 (Special): Borrowing limits up to Rs 20,000 crores.
• Resolution 7 (Special): Private placement of NCD/CP up to Rs 1,500 cr and Rs 1,000 cr.
• Resolution 8 (Special): Appointment of Aparna Sudip Kumar as Non-Executive & Independent Director.
• Resolution 9 (Special): Appointment of Bakthavatsalu Kannan as Whole-time Director.
• Resolution 10 (Special): Revision in remuneration of MD & CEO Thangappan Karunakaran.
• Overall outcome: Results to be announced by Scrutinizer; deemed passed subject to votes.

Auditor comments (verbatim)

• There is no qualification, comment, or observation in the Auditors’ Report in the financial statements of FY 2025-26.

Rating details

• Series A1 SNs (Rs 74.02 crore) rated Provisional AAA(SO) by ICRA Limited.
• Equity Tranche SNs (Rs 3.98 crore) rated Provisional AA(SO) by ICRA Limited.
• Instrument: Pass-Through Certificates to be issued by PRATHAM 09 2026.

CP Allotment Details

• Rs 75 crore unlisted CPs allotted to Kotak Mahindra Bank on 25-09-2026; redemption 23-12-2026; issuer Repco HFC.

Repco Home Finance Limited: Trading Window closed from 1st October, 2026 till 48 hours after the declaration of un-audited financial results of the company for the quarter and half year ending on 30th September, 2026 (both days inclusive).