AI-Powered Summary
Market Context
Top Queries
More News
Explore Prysm Tools
Related Stories
Repco Home Finance Dispatches Postal Ballot Notice, Publishes Newspaper Ads
Repco Home Finance Limited
January 13, 2026, 07:33 AM
Top Queries to Ask About Repco Home Finance Limited
InstantThinking to buy or sell Repco Home Finance Limited? Ask AI before you act.
Trusted by 5,000+ users
More Details on This News
Repco Home Finance Limited (RHFL) has confirmed the dispatch of its Postal Ballot Notice through newspaper advertisements. The advertisements were published on January 13, 2026, in the Financial Express (All India Edition) and Dinamani (Chennai Edition). This action follows RHFL's intimation letter dated January 12, 2026, regarding the same.
The company is utilizing the postal ballot process to seek shareholder approval for various resolutions. Among the key items are the proposed sale of a property located at No. 6/19, Elephant Tank, 5th Street, Royapettah, Chennai-600014, with an upset price of ₹50 lakh. The auction for this property is scheduled for January 21, 2026, at 11:00 AM at RHFL's office.
Further details reveal that the company is also seeking approval for the sale of 20 residential units in the property at No. 6/19, Elephant Tank, 5th Street, Royapettah, Chennai. The upset price for these units is not explicitly mentioned but the auction is scheduled for January 21, 2026.
Additionally, the announcement details the proposed sale of 34.40 lakh equity shares of the company held by Repco Bank Ltd., constituting 64% of the paid-up share capital, to Repco Home Finance Employees Welfare Trust. The sale is proposed at ₹3.75 per share, totaling ₹1.29 crore. Another resolution pertains to the sale of 2 crore equity shares of the company held by Repco Bank Ltd., constituting 38.75% of the paid-up share capital, to Repco Home Finance Employees Welfare Trust at ₹30.65 per share, totaling ₹61.53 crore. The sale of 2 crore equity shares, constituting 38.75% of the paid-up share capital, is proposed at ₹34.40 per share, totaling ₹68.80 crore.
The company is also seeking approval for the sale of 2 crore equity shares of the company held by Repco Bank Ltd., constituting 38.75% of the paid-up share capital, to Repco Home Finance Employees Welfare Trust at ₹34.40 per share, totaling ₹68.80 crore.
The announcement also mentions a proposed sale of 15 lakh equity shares of Repco Home Finance Ltd. held by Repco Bank Ltd. to Repco Home Finance Employees Welfare Trust at ₹1.17 per share, totaling ₹17.55 lakh. The company is also seeking approval for the sale of 4.68 lakh equity shares at ₹1.17 per share, totaling ₹5.47 lakh.
Shareholders will also vote on the sale of 15 lakh equity shares of Repco Home Finance Ltd. held by Repco Bank Ltd. to Repco Home Finance Employees Welfare Trust at ₹1.17 per share, totaling ₹17.55 lakh.
The company also highlighted that the Postal Ballot Notice and the Annual Report for the financial year 2024-25 have been dispatched to shareholders. The voting period for the postal ballot will commence on January 12, 2026, and conclude on February 10, 2026.
Furthermore, the company is seeking approval for the sale of 15 lakh equity shares of Repco Home Finance Ltd. held by Repco Bank Ltd. to Repco Home Finance Employees Welfare Trust at ₹1.17 per share, totaling ₹17.55 lakh.
In a separate note, Repco Home Finance Limited announced that its Board of Directors will meet on January 12, 2026, to consider and approve the audited financial results for the quarter and nine months ended December 31, 2025. The results are expected to be released within 45 days of the quarter end.
The board will also discuss the proposal for the sale of 15 lakh equity shares of the company held by Repco Bank Ltd. to Repco Home Finance Employees Welfare Trust at ₹1.17 per share, totaling ₹17.55 lakh.
The company has also provided an update on the sale of 43 lakh equity shares of the company held by Repco Bank Ltd. to Repco Home Finance Employees Welfare Trust, at prices ranging from ₹30.50 to ₹62 per share. This includes 30 lakh shares at ₹30.50, 36 lakh shares at ₹36, and 62 lakh shares at ₹62.
In another development, the company is seeking approval for the sale of 15 lakh equity shares of Repco Home Finance Ltd. held by Repco Bank Ltd. to Repco Home Finance Employees Welfare Trust at ₹1.17 per share, totaling ₹17.55 lakh.
Finally, the company stated that the postal ballot notice, along with the annual report, has been sent to all shareholders. The notice includes details of the proposed resolutions, including the sale of equity shares and property.
More News on Repco Home Finance Limited
Analyze Repco Home Finance Limited