SRG Housing Finance is planning to raise funds by way of Equity Shares through public and/or private offerings, and/or on preferential allotment basis including Qualified Institutions Placement (QIP) or any combination thereof or any other mode and terms as may be decided by the board, subject to applicable law, rules and regulations and subject to approval of the shareholders of the company. The meeting of Board of Directors of the company will be held on August 13, 2019, to consider the same.
The company is also planning to borrow/ raise funds by issue of Issuance of Non-Convertible Debentures/ Secured or Unsecured Redeemable Subordilated Debt -Tier-II NCDs/Bonds, in terms of Section 42 of the Companies Act, 2013 read with relevant rules and the Listing Regulations, as amended.
SRG Housing Finance is a housing finance company. The company is engaged in providing home loans for construction, additions, alterations, and repair and renovation purpose.
