India Home Loan has received approval for issue of 200 Secured, Redeemable, listed Non-Convertible Debentures (NCDs) amounting to Rs 20 crore on a private placement basis, being proposed to be allotted in one or more tranches/series, to eligible investors permitted to invest in NCDs under applicable law.
The Board of Directors of the Company at its meeting held on June 26, 2020 has approved the same.
India Home Loan is engaged in providing housing finance for the purchase and construction of house and apartments.