Company says it has no NHB communication on any forensic audit, reaffirms no default to lenders

Company clarifies on an Economic Times news article.

Mon 5 Oct 2026

NHB communication on forensic audit

No communication or notification received from National Housing Bank (NHB) regarding any forensic audit of the company

Repayment default status

No default in repayment to lenders and will continue to honour all repayment obligations in a timely manner

Earlier intimation date

3rd October 2026

Update signatory

Vinod K. Jain, Managing Director

What happened

A news article in Economic Times carried a reference to a forensic audit in relation to the company. The company has now written to the National Stock Exchange of India Ltd and BSE Limited to clarify its position on that report.

What the company clarified

• It has not received any communication or notification from the National Housing Bank (NHB) regarding any forensic audit of the company.
• The reference in the news report to a 'forensic audit' does not accurately reflect the nature and status of the company.
• If any such audit or inspection is conducted by NHB, the company remains fully committed to cooperate with NHB and to provide all requisite information and assistance.
• As per its earlier intimation dated 3rd October 2026, it has not made any default in the repayment to the lenders and will continue to honour all its repayment obligations in a timely manner.
• The communication was signed by Vinod K. Jain, Managing Director, on behalf of the company.

Why the word 'forensic audit' draws attention

A forensic audit is a detailed examination of books and records, usually taken up when there are questions about accounts, fund flows or disclosures. For a housing finance company, lenders and regulators are key counterparties, so a report of such an audit can matter to how investors and lenders look at the company's financial reporting.

What this update means for a reader

• The company's statement is that it has received no such communication from NHB. This is the company's own position as placed on record with the exchanges.
• Alongside that denial, the company has restated that it has not defaulted to its lenders, pointing to its earlier intimation dated 3rd October 2026.
• The letter was shared as a clarification of news articles.

Points an investor can keep tracking

• Any further communication from NHB, or from the company, on this subject.
• The company's regular disclosures on its borrowings and repayment position.
• The company's periodic financial results and disclosures on the quality of its loan book.

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