With reference to the application filed on June 20, 2018, intimating the Company’s proposal to issue, Secured, Redeemable, Non-Convertible Debentures of face value Rs 10 lakhs each (NCDs) aggregating Rs 20,000 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 April 20, 2018, the Company has today, June 26, 2018, allotted its First tranche of Secured, Redeemable, Non-Convertible Debentures of face value Rs 10 lakh each (NCDs) aggregating to Rs 125 Crores.
The above information is a part of company’s filings submitted to BSE.
