Indiabulls Properties has informed that the Company proposes to issue Secured, Redeemable, NonConvertible Debentures of face value Rs 10 lakh each aggregating Rs 200 crore, on a private placement basis, pursuant to a special resolution passed by the shareholders of the Company at its 13th Annual General Meeting held on July 17, 2017, on the terms and conditions.
The above information is a part of company’s filings submitted to BSE.