Indiabulls Housing Finance has informed that a meeting of the Securities Issuance Committee of the board of directors of Indiabulls Housing Finance ('Company' or 'Issuer') was held on February 23, 2023, wherein the Securities Issuance Committee considered and approved the public issue of secured redeemable non-convertible debentures of face value of Rs 1,000 each ('NCDs') for an amount up to Rs 100 crores ('Base Issue Size') with an option to retain oversubscription up to Rs 800 crores, aggregating up to Rs 900 crores ('Tranche V Issue Limit') (' Tranche V Issue'), which is within the shelf limit of Rs1,400 crores. For details, refer attachment.
The above information is a part of company’s filings submitted to BSE.
