AGM Details
The Thirty Seventh Annual General Meeting (AGM) of LIC Housing Finance Limited for FY 2025-26 is scheduled to be held on Friday, August 28, 2026 at 3:30 PM IST through Video Conferencing (VC)/Other Audio-Visual Means (OAVM) in compliance with MCA and SEBI circulars.
Record Date and Voting Details
The company has fixed Friday, August 21, 2026 as the Record Date for determining eligibility for payment of final dividend. The remote e-voting period will commence on Tuesday, August 25, 2026 at 9:00 AM IST and end on Thursday, August 27, 2026 at 5:00 PM IST. Members holding shares as on August 21, 2026 can cast their vote electronically.
Ordinary Business Items
1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, along with Reports of the Board of Directors and Auditors.
2. To declare final dividend of ₹10 (Rupees Ten Only) per Equity Share for the financial year ended March 31, 2026.
3. To appoint a Director in place of Shri P Koteswara Rao (DIN: 06389741), who retires by rotation and being eligible, offers himself for re-appointment.
Special Business Item
4. Special resolution seeking authority for the Board of Directors to approve and issue Redeemable Non-Convertible Debentures (NCDs) or any other instruments on a private placement basis for an amount not exceeding ₹55,000 crore (Rupees Fifty-Five Thousand Crores Only).
The NCDs may be secured or unsecured and can be classified as Tier II capital under RBI Master Direction - Housing Finance Companies Directions, 2025. The issuance may be done at par, premium, or discount (only in case of re-issuance) to face value. The total outstanding NCDs along with other borrowings shall not exceed the existing borrowing limit of ₹4,00,000 crore approved by shareholders at the 30th AGM held on August 28, 2019. The approval is valid until the date of the 38th AGM for FY 2026-2027 or exhaustion of the limit, whichever is earlier.
Dividend Payment Details
If declared, the dividend of ₹10.00 per equity share will be paid subject to TDS deduction on or after September 17, 2026, and before September 27, 2026 to:
- Beneficial Owners as on August 21, 2026 (for shares in electronic form)
- Members in the Register of Members as on August 21, 2026 (for shares in physical form)
Dividend payment will be made through electronic mode (NEFT/NECS). For resident members with valid PAN, TDS will be deducted at 10% (or as notified). No TDS will be deducted if total dividend receivable during FY 2026-27 does not exceed ₹10,000 for resident individual members. For non-resident members, TDS will be deducted at 20% (plus applicable surcharge and cess) or as per DTAA provisions.
Director Re-appointment Details
Shri P Koteswara Rao (DIN: 06389741), aged 70 years, is proposed for re-appointment. He is a Fellow Member of ICAI with B.Com qualification and has expertise in Marketing, Housing Finance, Credit Appraisal, Project Finance and Investment activities. He was first appointed on the Board on June 11, 2018. He receives sitting fees for Board and Committee meetings attended but no other remuneration/commission. He holds no shares in the company.
Other Procedural Information
The notice is being sent electronically to all members whose names appear in the Register of Members as on Friday, July 31, 2026. Members can join the AGM 30 minutes before commencement and up to 15 minutes after scheduled time on a first-come-first-served basis (limited to 1000 participants), except for large members (holding 2% or more), promoters, institutional investors, directors, KMPs, and auditors who can attend without restriction.
M/s. BPP & Co., Company Secretaries, Pune has been appointed as Scrutinizer for the e-voting process. The results along with Scrutinizer's Report will be placed on the company's website and communicated to stock exchanges.
Special Window for Physical Shares
The company is offering a special window from February 05, 2026 to February 04, 2027 for re-lodgement of transfer requests for physical shares where original requests were lodged prior to April 01, 2019 and were returned/unattended or rejected due to deficiencies. Shares will be processed only in dematerialized form during this window.
Unclaimed Dividend and IEPF Transfer
The company transferred unclaimed dividend of ₹94.66 lakh for FY 2017-18 to IEPF. Unclaimed dividend for FY 2018-19 is due for transfer to IEPF on September 30, 2026. The company has transferred 64,627 equity shares of face value ₹2 each to IEPF Authority's demat account in respect of shares where dividend remained unclaimed for seven consecutive years up to September 30, 2025.