NSEDisclosure of material issue27 Aug 2026 · 27 Aug 2026, 05:46 pm
Disclosure of material issue
LIC Housing Finance Limited · LICHSGFIN
✦ AI SummaryRegulatory
LIC Housing Finance Limited has clarified regarding media reports concerning an NCLT order in the personal insolvency proceedings of Dr. Subhash Chandra, stating that the order does not impact the company's corporate liabilities.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern2/10
Regulatory Risk6/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment4/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
LIC Housing Finance Limited has informed regarding Clarification with respect to Media Reports concerning NCLT Order in the Personal Insolvency Proceedings of Dr. Subhash Chandra
Attachments (1)
📄pdf
Download →
LICHSGFIN_27082026174623_Clarification_on_Media_News_27082026.pdf
View document text
8ucHFL
LIC HOUSING FINANCE LTD
27st August, 2026
The Manager, The General Manager,
Listing Department, Department of Corporate Services-Listing Dept.,
National Stock Exchange of India Ltd., BSE Limited,
Exchange Plaza, 5u, Floor, 25th Floor, Phiroze Jeejeebhoy Towers,
Plot No. C/1, G Block, Bandra-Kurla Complex, Dalal Street,
Bandra (E), Mumbai - 400 051 Mumbai - 400 001.
Scrip ID: LICHSGFIN EQ Scrip Code: 500253
Email: cmlist@nse.co.in Email: corp.relations@bseindia.com
Respected Sir/Madam,
Clarification with respect to Media Reports concerning NCLT Order in the Personal
Insolvency Proceedings of Dr. Subhash Chandra
We ("LICHFL" /"the Company") refer to certain media reports regarding the order of the
Delhi Bench of the National Company Law Tribunal ("NCLT") in the personal insolvency
proceedings of Zee Group founder Dr. Subhash Chandra under the Insolvency and
Bankruptcy Code, 2016 ("IBC").
As reported in the media, the NCLT has approved the repayment plan submitted by Dr.
Subhash Chandra in his capacity as a Personal Guarantor. The media reports state that
LICHFL has an admitted claim of U,322.39 crore in the said proceedings, against which the
repayment plan provides for payment of z38.09 lakh to LICHFL.
We hereby confirm that LIC Housing Finance Limited (LICHFL) had sanctioned financial
facilities across two loan accounts wherein Dr. Subhash Chandra is the Personal Guarantor.
LICHFL continues to hold and enforce its security interest over the secured assets against
which the financial facilities were granted, which have been duly charged/ mortgaged in
favour of LIC HFL. Accordingly, LICHFL continues to hold and retain all its rights, security
interests, enforcement remedies and recovery avenues over the said secured assets in
accordance with applicable provisions of law.
We clarify that the recent NCLT order pertains to the Insolvency Resolution Process against
the Personal Guarantor Dr. Subhash Chandra, under the Insolvency and Bankruptcy Code,
2016, and does not in any manner adjudicate, discharge, dilute or impact the corporate
liabilities of the principal borrower entities in anyway.
CIN NO. : L65922MH1989PLC052257 Website : www.lichousing.com
Registered & Corporate Office: UC Housing Finance Ltd., 131, Maker Tower-F, 13th Floor, Cuffe Parade, Mumbai - 400005
Tel: +9122 2217 8600, Fax: +9122 2217 8777, E-mail: lichousing@lichousing.com
&ucHFL
LIC HOUSING FINANCE LTD
LICHFL is issuing this clarification to place the factual position on record and to provide
appropriate context to the aforesaid media reports.
Thanking you,
Yours faithfully,
For LIC Housing Finance Limited
Varsha Hardasani
Company Secretary and Compliance Officer
CIN NO.: L65922MH1989PLC052257 Website : www.lichousing.com
Registered & Corporate Office: LIC Housing Finance Ltd., 131, Maker Tower-F, 13th Floor, Cuffe Parade, Mumbai - 400005
Tel: +9122 2217 8600, Fax: +9122 2217 8777, E-mail: lichousing@lichousing.com