MoneyWorks4Me

Indiabulls Real Estate informs about company updates

05 Mar 2016 Evaluate

Indiabulls Real Estate has informed that the Company proposes to issue 3,000 Secured, Redeemable, Non-Convertible Debentures of face value Rs 10 lakh each aggregating Rs 300 crores, on a private placement basis, pursuant to a special resolution passed by the shareholders of the Company at its 9th Annual General Meeting held on September 28, 2015, on the terms and conditions.

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

Peers
Company Name CMP
Lodha Developers 1102.05
Prestige EstatesProj 1444.95
Dilip Buildcon 408.35
DLF 641.65
Oberoi Realty 1738.80
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