With reference to the letter of December 21, 2017 intimating the Company’s proposal to issue, Secured, Redeemable, Non-Convertible Debentures of face value Rs 10 lakhs each (NCDs) aggregating Rs 24,000 Crores, on a private placement basis, and pursuant to Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Indiabulls Housing Finance has informed that in terms of the Board authorization dated October 23, 2017 and January 23, 2018, the Company has allotted its tenth tranche of Secured, Redeemable, Non-Convertible Debentures of face value Rs 10 lakh each (NCDs) aggregating to Rs 850 Crores on March 19, 2018.
The above information is a part of company’s filings submitted to BSE.
