India Shelter Finance Corporation is initiating a voluntary liquidation process for its subsidiary, India Shelter Capital Finance. The parent company reported a consolidated quarterly revenue of ₹3.69 billion and a profit of ₹1.22 billion, reflecting a strong financial position as it streamlines its operations and focuses on core business areas.
                                        
                        
	India Shelter Finance Corporation Limited has announced the voluntary liquidation of its subsidiary, India Shelter Capital Finance, as part of strategic restructuring. The parent company, which posted a consolidated total revenue of ₹3.69 billion and a net profit of ₹1.22 billion in the September quarter, aims to optimize its business portfolio and focus on core asset management and affordable housing finance operations.
	 
	The decision to liquidate the subsidiary follows a comprehensive review of the company’s structure and operational efficiencies, emphasizing the company’s commitment to streamline its corporate group and allocate resources more effectively. The liquidation process will follow all regulatory guidelines and ensure minimal disruption to the company's ongoing core activities.
	 
	India Shelter Finance continues to demonstrate strong financial health and a growth-oriented approach, with a focus on increasing loan portfolio quality and expanding its footprint in the affordable housing finance segment.
	 
	Key Highlights:
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		The company initiated voluntary liquidation of its subsidiary, India Shelter Capital Finance.
 
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		September quarter revenue at ₹3.69 billion; profit at ₹1.22 billion.
 
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		Strategic restructuring to streamline operations and focus on core businesses.
 
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		Efforts directed toward asset quality enhancement and geographic expansion.
 
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		The liquidation process will be conducted as per regulatory compliance.
 
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		Maintains a strong financial position with focus on affordable housing finance.
 
	Sources: India Shelter Finance Corporation official announcement, Business Standard, Moneycontrol, Financial Express