Housing Development Fin. Corp. Ltd. Updates for the Quarter ended December 31, 2022 (5347L)

TIDM60CX

RNS Number : 5347L

Housing Development Fin. Corp. Ltd.

03 January 2023

Ref. No.: SE/2022-23/267

January 3, 2023

BSE Limited National Stock Exchange of India Limited

P. J. Towers Exchange Plaza, Plot No. C/1, G Block

   Dalal Street                                                                 Bandra-Kurla Complex

Mumbai 400 001 Bandra (East), Mumbai 400 051

   Kind Attn: Sr. General Manager                               Kind Attn: Head - Listing

DCS - Listing Department

Dear Sirs,

   Sub:    Intimation under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

In accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information in terms of Regulation 8 of SEBI (Prohibition of Insider Trading) Regulations, 2015, we would like to intimate the following:

   1.   Loans assigned:

-- During the quarter ended December 31, 2022, the Corporation assigned loans amounting to 8,892 crore compared to 7,468 crore in the corresponding quarter of the previous year. All the loans assigned during the quarter ended December 31, 2022 were to HDFC Bank pursuant to the buyback option embedded in the home loan arrangement between the Corporation and HDFC Bank.

   --    Loans sold in the preceding 12 months amounted to 35,937 crore (Previous Year:

27,591 crore).

   2.   Gross income from dividend for the quarter ended December 31, 2022 was 482 crore (PY:

195 crore).

3. In accordance with Indian Accounting Standards, the Corporation measures certain listed and unlisted investments at fair value through profit and loss (FVTPL). Largely owing to volatility in the equity markets, during the quarter ended December 31, 2022, for investments classified as FVTPL, there is a debit to the Statement of Profit and Loss of approximately 80 crore as against a net gain of 124 crore in the corresponding quarter of the previous year.

4. During the quarter ended December 31, 2022, the profit on sale of investments was nil (PY: nil).

Kindly note that all the figures are subject to limited review by the statutory auditors of the Corporation.

We request you to bring the above to the notice of all concerned.

Thank you.

Yours faithfully,

For Housing Development Finance Corporation Ltd.

Ajay Agarwal

Company Secretary

CC: London Stock Exchange

10, Paternoster Square, London, EC4M 7LS

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