Indiabulls Housing Finance informs about business updates

Indiabulls Housing Finance has informed that the Company proposes to issue 1350 Secured Non-Convertible Redeemable Debentures with a face value of Rs 10 lakh each aggregating to Rs 135 Crores, on Private Placement basis, pursuant to special resolution passed by the shareholders of the Company at the 10th Annual General Meeting held on September 07, 2015.

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