CP utilisation certificate for Q2 FY27: proceeds used for onward lending, facilities remain 'Standard'

Can Fin Homes has shared the CEO/CFO certificate on how money raised through Commercial Paper (CP) was used in the quarter ended 30/09/2026.

Fri 9 Oct 2026

Total CP issued in CY till 30/09/2026

Rs. 70,00,00.00,000/-

Use of CP proceeds

working capital needs, i.e. onward lending purpose

Asset classification of bank/FI facilities

continue to be classified "Standard"

What was shared

Can Fin Homes has submitted to the exchanges a certificate signed by its Chief Financial Officer on how the money raised through Commercial Paper (CP) was used during the quarter ended September 30, 2026. Commercial Paper is a short-term borrowing instrument that companies use for routine funding needs, and issuers of listed CP certify periodically that the money was used for the stated purpose.

Points covered in the certificate

• The CP proceeds were used for the disclosed purpose, that is, to meet the working capital needs of the company (onward lending purpose).
• The listing conditions for CP, the conditions of the offer document and applicable directions relating to CP issuance have been adhered to.
• The asset classification of fund-based facilities from banks and financial institutions continues to be "Standard".
• There has been no material change in the company's financial status that may adversely affect the credit rating of the Commercial Paper.
• The total issuance of CPs during the calendar year till 30/09/2026 was Rs. 70,00,00.00,000/-.

Issuance during the quarter

The certificate also sets out the Commercial Papers issued during the quarter ended 30/09/2026, identified by ISIN number, along with units and maturity date.

How a retail reader can look at this

• This is a periodic confirmation that borrowed money was used for the business purpose it was raised for, rather than for anything else.
• A “Standard” asset classification means the company's bank and financial institution borrowings are being serviced as per terms, with no default classification.
• The statement of no material adverse change in financial status matters because CP carries a credit rating, and a rating change can affect the cost at which the company borrows.
• CP is short-term in nature and the amounts issued are repayable within months, so the issuance and maturity pattern form part of the company's regular funding cycle.
• The certificate is submitted to the exchanges for information and records, and does not change anything about the company's share capital or ownership.

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