With reference to the intimation dated 11th November, 2021, intimating the Company's proposal to issue, in one or more tranches, Secured, Redeemable, Non-Convertible Debentures of face value Rs 10 lakhs each ('NCDs') aggregating Rs 75 crore, on a private placement basis, and pursuant to Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Indiabulls Real Estate has informed that the Company has allotted NCDs aggregating Rs 75 crore, as per details attached.
The above information is a part of company’s filings submitted to BSE.