CAN FIN HOMES LTD. - 511196 - Update - Credit Rating Review By M/S CARE Ratings Ltd.
We wish to inform that M/s CARE Ratings Ltd. (CARE) has reviewed the ratings of NCDs aggregating to Rs.8,300 Crore and vide their letter dated 25/12/2019 has affirmed the rating "CARE AAA (Triple A) (Credit watch with developing implications)'. CAN FIN HOMES LTD. - 511196 - Credit Rating Review By M/S ICRA Limited - Update
We hereby inform that M/s ICRA Limited (ICRA), vide their letter, has confirmed that "[ICRA] AA+ (pronounced as ICRA double A plus) - watch with developing implications - rating" assigned to the Company (during September 2019) for NCD aggregating to Rs.7100 crore) stands. Can Fin Homes Ltd - 511196 - Announcement under Regulation 30 (LODR)-Credit Rating
Further to the intimation submitted on revised credit rating by M/s India Ratings & Research (Ind-Ra) to `IND AA' outlook stable from `IND AAA' outlook negative, we wish to inform that the Company has sent a letter indicating non-acceptance of the revised rating. A copy of the letter is attached. Can Fin Homes Ltd - 511196 - Announcement under Regulation 30 (LODR)-Credit Rating
We hereby inform that M/s India Ratings & Research (Ind-Ra) has revised the Long-Term Issuer rating of Can Fin Homes Limited to `IND AA' from `IND AAA'. The outlook is revised to Stable from negative. As mentioned under Analytical Approach, the credit rating is driven by the standalone credit profile of CFHL since Canara Bank has indicated its intention of selling its stake in the Company as part of mobilising capital in light of government's direction. Further, the key rating drivers are indicated as `Canara Bank's Capital-Raising Plan includes Company's Stake Sale, proven track record and granular loan book of the Company, moderately diversified resource profile though largely institutional funded, Liquidity Indicator as adequate, Credit cost under control, above average leverage and stable profitability'. CAN FIN HOMES LTD. - 511196 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
We wish to bring to your kind notice that the shareholders of the Company (details provided in the annexure) have reported about loss of their share certificates and have requested for issue of duplicate share certificates. CAN FIN HOMES LTD. - 511196 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
We wish to inform that Mr. Girish Kousgi, Managing Director and CEO of the Company had meetings with Institutional Investors in Mumbai on Wednesday, 04/12/2019 as per schedule. The list of participants is attached. CNBC TV-18 interviewed Mr. Girish Kousgi at 9:35 a.m. and Bloomberg Quint interviewed Mr. Kousgi at 2:15 p.m. today i.e., on Thursday, 05/12/2019. The subject matter of discussions was mainly on Q2 FY20 results, impact of IND-AS accounting system, performance, asset quality, industry outlook, growth prospects, Capital adequacy, cost of funds, leverage ratio, liquidity, etc., which are covered in detail in the ''Investor Presentation and press release already submitted to the stock exchange(s), post Q2 FY20 results. This intimation is submitted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements). Can Fin Homes Ltd - 511196 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
With reference to the above, we wish to inform that Mr. Girish Kousgi, Managing Director and CEO of the Company had meetings with Institutional Investors at BKC, Mumbai on 03/12/2019 as per schedule. The list of participants is attached. The subject matter of discussions was mainly on Q2 FY20 results, impact of IND-AS accounting system, performance, asset quality, industry outlook, growth prospects, Capital adequacy, leverage ratio etc., which are covered in detail in the ''Investor Presentation and press release already submitted to the stock exchange(s), post Q2 FY20 results. This intimation is submitted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements). The above intimation is also disclosed on the website of the Company www.canfinhomes.com CAN FIN HOMES LTD. - 511196 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
We wish to give prior intimation of the meeting of Mr. Girish Kousgi, Managing Director & CEO of the Company with Analyst/Institutional Investors, arranged by M/s Investec Capital Services (India) Private Limited on Tuesday, 03/12/2019 and Wednesday, 04/12/2019, at BKC, Mumbai. The investors viz., TATA MF, SBI MF, UTI MF, Kotak MF, ICICI Pru MF, DSP MF, HDFC MF, Axis MF, Birla Life, Birla MF, White Oak, Manulife, Franklin Templeton VC, Group BKC (Mirae, Canara Robeco, Principal MF, MAX Life, Pinpoint) are likely to participate in the above meetings. We also wish to inform that Mr. Kousgi will be interviewed by CNBC TV-18 (9:45 a.m.) and Bloomberg Quint (2:15 p.m.) on Thursday, 05/12/2019. This intimation is submitted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements). Can Fin Homes Ltd - 511196 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
We wish to inform that Mr. Girish Kousgi, Managing Director and CEO of the Company met Mr. Balke Walker, CEO and Portfolio Manager and Rohan Dalal, Research Analyst of M/s Grandeur Peak Advisors today i.e. on 22/11/2019, Friday from 2:00 p.m. to 3:00 p.m. at the registered office of the Company. The subject matter of discussions were mainly on Q2 FY20 results, impact of IND-AS accounting system, performance, asset quality, industry outlook, growth prospects, Capital adequacy, leverage ratio etc., which are covered in detail in the ''Investor Presentation'' and press release already submitted to the stock exchange(s), post Q2 FY20 results. Can Fin Homes Ltd - 511196 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
We wish to inform that Mr. Girish Kousgi, Managing Director and CEO of the Company met Mr. Navin Agarwal, Managing Director of Motilal Oswal Asset Management Company Limited. Mr.Susmit Patodia and Mr.Manish Sonthalia, Associate Directors and their other team members were also present at the said meeting on 20/11/2019, Wednesday from 2:30 p.m. to 4:15 p.m. at Lower Parel, Mumbai. The subject matter of discussions were mainly on Q2 FY20 results, impact of IND-AS accounting system, performance, asset quality, industry outlook, growth prospects, Capital adequacy, leverage ratio etc., which are covered in detail in the ''Investor Presentation'' and press release already submitted to the stock exchange(s), post Q2 FY20 results.