Haryana Financial Corporation Limited (HFCL), a premier statelevel institution was established in 1967 after the reorganisation of the erstwhile Punjab Financial Corporation. Haryana Financial Corporation has been set up under an Act of Parliament known as State Financial Corporations Act, 1951. The Company was promoted jointly by the Government of Haryana and the Industrial Development Bank of India.HFC has been approved by SEBI as a CategoryI Merchant Banker. It is also ranked as CategoryA statelevel financial institution by IDBI. The Corporations activities include merchant banking, investment banking, trade finance, lease finance and term lending. Based on its track record, the Corporation was the first statelevel financial institution to go public in 1995. The Corporation is also the first state financial corporation holding OTCEI membership.During 1995, the Company diversified its range of financial services to include nonfundbased assistance in the form of guarantees, letters of credit and forex services.In 19991999, there was reduction in profits due to low spread available because of downward revision in lending rates and rebate in interest rates to good borrowers and high cost of funds. Hence, to improve liquidity position and reduced dependence on larger debts, the Company gave top priority to the recovery of its dues.The Corporation has stopped fresh Sanctions since May, 2010. The Corporation issues demand notice prior to the due dates of repayment of installment of principal and interest in terms of loan agreement and the borrowers are expected to make the payment on or before due dates. In case of default, higher rate of interest inclusive of penal interest as per the provisions in the loan documents is charged on the defaulted amount and for the defaulted period from due date. The Corporation does allow reschedulement depending upon the merits of the case and working of the unit. 1st reschedulement request is accepted by the Corporation without charging any penal interest. The Corporation utilized its limited resources for meeting the commitments/liabilities during the year 2022.
As of 19 Aug, 2025, Haryana Financial Corporation share price is ₹69.7. The stock opened at ₹69.7 and had closed at ₹66.5 the previous day. During today’s trading session, Haryana Financial Corporation share price moved between ₹69.73 and ₹69.73, with an average price for the day of ₹69.73. Over the last 52 weeks, the stock has recorded a low of ₹25.11 and a high of ₹69.73. In terms of performance, Haryana Financial Corporation share price has increased by 152% over the past six months and has increased by 177.70% over the last year.
Haryana Financial Corporation Ltd - 530927 - Announcement under Regulation 30 (LODR)-Change in Management
13 AUG 2025 | Wednesday
Haryana Financial Corporation Ltd - 530927 - Announcement under Regulation 30 (LODR)-Change in Directorate
13 AUG 2025 | Wednesday
Haryana Financial Corporation Ltd - 530927 - Outcome Of Board Meeting And Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulation, 2015
(Scrip Code: 530927) Haryana Financial Corporation