Indiabulls Housing Finance has informed that the Company proposes to issue 30,000 Unsecured Non-Convertible Redeemable Debentures (Tier II) in the nature of Subordinated Debt with a face value of Rs 1 lakh each aggregating to Rs 300 Crores (Plus Greenshoe Option), 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.
