Ashiana Housing pays ₹7.5 crore to IFC on debentures

Ashiana Housing Limited has paid ₹7.5 crore to the International Finance Corporation (IFC) on 27 October 2026. The payment covers interest, partial redemption and a redemption premium on its 8% AHL 2041 non-convertible debentures (NCDs), with ISIN INE365D08026, the company said in a filing with the National Stock Exchange of India. The disclosure was made under Regulation 57(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

How the ₹7.5 crore was split

The payment had three parts. Interest of ₹1,49,27,020 was paid on its due date of 27 October 2026. Principal of ₹1,50,18,245 was redeemed. A redemption premium of ₹4,50,54,735 was paid on top of that. The premium is about three times the principal redeemed. After these payments, the outstanding amount on the series is ₹59,30,57,435.

The series was issued as a total of ₹97 crore, divided into 970 debentures of ₹10 lakh each. Interest is paid quarterly. The amount depends on project returns, as determined by the company's Distribution Committee. The record date for this interest was 9 October 2026.

The filing is a debt-servicing disclosure. It does not refer to any project, sales figure or land purchase, and no named official is quoted in it.

Rating upgrade and IFC funding

On the same day, CARE Edge upgraded the company's issuer rating and its listed NCDs to 'CARE A+; Stable'. The rating action covers NCD tranches issued between 2021 and 2026.

The IFC debt sits within an Investment Framework Agreement. Under it, IFC has committed up to ₹225 crore in NCDs on a project-by-project basis, and Ashiana contributes 60% of the capital under the arrangement. Earlier in 2026 the company made other payments to IFC, including ₹20 crore on 11 May on a different series and ₹3.9 crore on 27 July on the same 2041 series.

The company's FY26 results show its highest-ever annual sales and other income at ₹1,187.43 crore, with a net profit of ₹117.89 crore for the year ended 31 March 2026. Senior living sales were ₹570.15 crore from 569 units in the same year.

What comes next

The company has fixed 28 October 2026 as the record date for an NCD interest payment due on 13 November 2026, totalling ₹2.35 crore. The company also plans to invest ₹1,000 crore in land acquisition in FY27, according to its managing director Vishal Gupta, and it aims to take senior living to half of total revenue by 2030.

For home buyers, the filing describes no effect on any project or on deliveries. For investors in the debentures, the next checkpoint is the 13 November 2026 interest payment, and for the company as a whole, the pace of its FY27 land buying.