India Shelter Finance Corp Ltd: Key Updates
India Shelter Finance Corporation Limited (ISFC), a prominent player in the affordable housing finance sector, has recently seen several significant developments. The company, which focuses on providing secured retail home loans, home equity loans, and loans against property, has reaffirmed its strong market position through various updates.
CARE Ratings Reaffirmation
On July 3, 2025, CARE Ratings reaffirmed the credit rating of India Shelter Finance at ‘CARE AA-’ with a ‘stable’ outlook. This reaffirmation underscores the company’s robust financial health and its ability to meet long-term obligations. The stable outlook reflects confidence in ISFC’s business model and its strategic focus on middle-income households seeking affordable housing solutions.
Upcoming Shareholders Meeting
ISFC has announced a Notice of Shareholders Meeting for its Annual General Meeting (AGM), scheduled for July 28, 2025. The meeting will be held in accordance with the requirements of the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE). This AGM will provide shareholders with an opportunity to discuss the company’s performance, strategic direction, and future plans.
Dividend Stocks Update
In related financial news, ISFC is among the companies whose stocks will trade ex-dividend on July 4, 2025. This means that investors purchasing the stock on or after this date will not be eligible for the upcoming dividend. To qualify for the dividend, investors must hold the stock before the ex-date. The ex-date and record date coincide, making it a crucial consideration for investors looking to benefit from ISFC’s dividend distribution.
Credit Rating Notification
On July 2, 2025, ISFC informed both BSE and NSE about the credit rating for its long-term bank facilities. This notification is in compliance with the Securities and Exchange Board of India’s regulations, ensuring transparency and adherence to listing obligations.
Company Overview
India Shelter Finance Corporation Limited is engaged in providing a range of home loan products, including Home Loans, Loans Against Property, Home Renovation loans, and Purchase + Construction Loans. The company primarily targets self-occupied residential properties and also offers credits under the Pradhan Mantri Awas Yojana. ISFC’s subsidiary, India Shelter Capital Finance Limited, further supports its mission to enhance housing accessibility for middle-income households.
Market Performance
As of July 1, 2025, ISFC’s close price stood at INR 874.75. The company’s stock has experienced a 52-week high of INR 938 on May 11, 2025, and a 52-week low of INR 607 on February 3, 2025. These figures reflect the company’s market performance and investor sentiment over the past year.
In summary, India Shelter Finance Corporation Limited continues to strengthen its position in the affordable housing finance sector, backed by a stable credit rating, upcoming shareholder engagement, and strategic financial updates.