Hstory of the Company The Company was incorporated under the Companies Act as a public limited company on April 4, 2000 with the name Repco Home Finance Limited. We received our certificate of commencement of business on May 2, 2000. Major events and milestones. 2000 Incorporated as Repco Home Finance Limited : 2002 Received certificate of registration from NHB 2003 Loan book crossed Rs1,000 million 2007 Opening of our 25th branch 2007 Investment by Carlyle 2007 Loan book crossed Rs 5,000 million 2009 Loan book crossed Rs 10 billion 2009 First branch outside the southern states opened in Pune, Maharashtra 2010 Rated "LA+ (stable)" by ICRA Limited. 2010 Opening of our 50th branch 2011 Rated "[ICRA]A+ (stable)" by ICRA Limited. 2012 Opening of our 70th branch 2012 Loan book crossed Rs30 billion 2013 - Repco Home Finance Ltd has proposed a dividend of 11% on the entire paid up capital of the Company. - Mr. B. Anand and Mr. Iqbal Singh Chahal have been appointed as Additional Directors of the Company. - The Credit ratings of the Company have been upgraded to ICRA AA- from ICRA A+. - K. K. Pathak as an Additional Director of the Company. 2014 - The Company has recommended dividend of Rs. 1.20 per share of Rs. 10 each (i.e. 12%). - The Reserve Bank of India has given its approval to housing finance company, Repco Home Finance to raise its foreign shareholding to 49 per cent. |