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News Details

Indiabulls Housing F - Public Issue Of Secured, Redeemable, Non-Convertible Debentures Of Face Value Of ?1,000 Each (The 'Ncd

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04/12/2021 18:06

Pursuant to the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we hereby inform you that a meeting of the Securities Issuance Committee ('Committee') of the board of directors of Indiabulls Housing Finance Limited ('Company' or 'Issuer') was held on December 3, 2021, wherein the Committee inter alia considered and approved the public issue by the Company of secured, redeemable, non-convertible debentures of face value of ?1,000 each ('NCDs') for an amount up to ?200 crores ('Base Issue Size') with an option to retain oversubscription up to ?800 crores, aggregating up to ?1,000 crores ('Tranche I Issue Limit')(' Tranche I Issue'), which is within the shelf limit of ?2,000 crores.

For details, refer attachment.