NSEDisclosure of material issue27 Aug 2026 · 27 Aug 2026, 05:46 pm

Disclosure of material issue

LIC Housing Finance Limited · LICHSGFIN

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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.

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Growth Catalyst1/10
Governance Concern2/10
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Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment4/10

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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

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LICHSGFIN_27082026174623_Clarification_on_Media_News_27082026.pdf

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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