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Indiabulls Housing Finance informs about private placement

03 Mar 2016 Evaluate

Indiabulls Housing Finance has informed that the Company proposes to issue 4,000 Secured Non-Convertible Redeemable Debentures with a face value of Rs 10 lakh each aggregating to Rs 400 crores, on Private Placement basis, pursuant to special resolution passed by the shareholders of the Company at the 10th Annual General Meeting held on September 7, 2015, on the terms and conditions.

The above information is a part of company’s filings submitted to BSE.

Peers