• Type of Event: The document is a transcript of a business update conference call, specifically scheduled to provide clarification and address queries regarding an article published in The Economic Times on September 10, 2026.
  • Date and Time: The Investor Analyst Meet was held on September 16, 2026, at 12:15 p.m. The transcript was submitted to the exchanges on September 19, 2026.
  • Purpose: The stated purpose of the call was to deny allegations made in a newspaper article and to reassure investors and lenders. The article claimed that Rs 400 crore had been siphoned off by promoters and that funds were being diverted to promoter-related entities through fictitious loan accounts.
  • Management Participants: The management participant was Mr. Vinod Kumar Jain, Managing Director of SRG Housing Finance Limited. The call was moderated by a representative from Valorem Advisors, the company's investor relations firm.
  • UPSI Confirmation: The company confirmed that no unpublished price sensitive information (UPSI) would be shared during the call, and the discussion was conducted in accordance with applicable regulatory provisions.
  • Financial & Operational Highlights Disclosed:
  • The company fully denied all allegations in the news article.
  • The Rs 400 crore figure represents about one-third of the total loan book, which was denied.
  • The company stated it has over 15,000 active loan accounts, all with completed field verification and KYC.
  • The Capital Adequacy Ratio (CAR) was reported at 39.21%, which is more than double the regulatory minimum.
  • Profit after tax grew by 25% in the last quarter and by 33% in FY 2025-2026.
  • The company stated it has never delayed or defaulted on any instalment to any lender, bank, financial institution, or NHB.
  • Fresh sanctions and disbursements have been temporarily slowed, which will be reflected in Q2 numbers.
  • There has been no downgrade in the company's credit rating from Acuite, though it is under watch.
  • Promoters have increased their stake in the company by 1%.
  • The board has passed a resolution to convert the company from a Housing Finance Company (HFC) to a Non-Banking Financial Company (NBFC).
  • The average loan ticket size is Rs. 12 lakhs against a loan book of Rs. 1300 crores (approx. 5000 accounts to reach Rs. 400 cr, as per context). Monthly collections are Rs. 8-10 crores.
  • The company maintains a liquidity buffer of 2-3 months of repayment obligations.

Additional Notes Section

  • The document is the enclosed transcript of the call, submitted pursuant to Regulation 30 of the SEBI LODR Regulations, 2015.
  • No new financial data (e.g., balance sheet, P&L details) was disclosed in this transcript beyond the highlights mentioned by management during the Q&A.
  • The call included a lengthy Q&A session with numerous investors and lenders, focusing on the allegations, the NHB audit, liquidity, and business impact.