With reference to the Board authorization dated October 15, 2018, authorizing the company to issue, Secured, Redeemable, Non-Convertible Debentures of face value Rs 10 lakhs each (NCDs), in one or more tranches, from time to time, aggregating Rs 25,000 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 the company on December 11, 2018, allotted 2,500 Secured, Redeemable, Non-Convertible Debentures of face value Rs 10 lakhs each (NCDs) aggregating to Rs 250 crores.
The above information is a part of company’s filings submitted to BSE.
