Further, the board of directors may also consider borrowing or raising funds by issue of secured and/or unsecured non-convertible debentures and/or non-convertible subordinated debt Tier-II debentures.
Can Fin Homes is engaged in a housing finance institution approved by National Housing Bank (NHB), the apex authority of housing in the country.
The company's net profit jumped 34.9% to Rs 165.80 crore on 36.2% rise in total income to Rs 764.29 crore in Q4 FY23 over Q4 FY22.
The scrip rose 0.06% to currently trade at Rs 744.75 on the BSE.