GIC Housing Finance Limited announced that at its board of directors meeting held on February 05, 2024, re-validation of Board resolution dated August 07, 2023 relating to issue of Non convertible Debentures (NCDs) upto an aggregate amount of INR 25,000 million on private placement basis, in one or more tranches for a period upto the date of the Annual General Meeting (AGM) of the year 2023-24.