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Indiabulls Housing Finance informs about allotment of equity shares

19 Jun 2021 Evaluate

Pursuant to the applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Indiabulls Housing Finance has informed that consequent upon the conversion of FCCBs in terms of the offering circular dated February 25, 2021 and pursuant to receipt of notice for conversion of FCCBs, for a principle value USD 2,50,000, the Company has on 18th June 2021 issued and allotted 78,850 Fully Paid Equity shares of face value INR 2 each, at a conversion price of INR 230.14 (including a premium of INR 228.14) per Equity Share, to the holder of such FCCB. Consequent to the said allotment, the paid-up Equity Share Capital of the Company stands increased to INR 92,48,55,504 divided into 46,24,27,752 Fully Paid Equity Shares of face value INR 2 each and outstanding principal value of FCCBs, as listed at Singapore Exchange Securities Trading under ISIN XS2301133943, stands reduced from USD 150,000,000 to USD 149,750,000.

The above information is a part of company’s filings submitted to BSE.


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