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Indiabulls Housing Finance informs about outcome of board meeting

28 Sep 2021 Evaluate

Further to its letter dated September 21, 2021, Indiabulls Housing Finance has informed that the Committee at its meeting held today September 28, 2021 has, amongst other things, passed the following resolutions: Pursuant to the offering circular dated September 21, 2021, approved the allotment of US$ 165 million of 4.5 per cent Secured Foreign Currency Convertible Bonds due 2026 convertible into equity shares of Rs 2.00 each (‘FCCBs’), subject to receipt of funds, satisfaction of other conditions and procedures and relevant agreements have been approved by the Securities Issuance Committee and approved certain terms of the FCCBs and the details as required under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI LODR Regulations’) read along with SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015 has been disclosed in Annexure A. The meeting of the Committee commenced at 8:00 am and concluded at 8:45 am. Take the above on record and the same be treated as compliance under the applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

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

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