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Housing Development Finance Corporation approves proposal for issue of NCDs with warrants

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Capital Market
Last Updated : Jun 08 2015 | 3:01 PM IST

Subject to approval at AGM on 28 July 2015

Housing Development Finance Corporation announced that the Committee of Board of Directors of the Company at its meeting held on 08 June 2015 have approved a proposal for simultaneous offering of secured redeemable non-convertible debentures of up to Rs 5000 crore along with warrants in accordance with SEBI ICDR regulations.

The aforesaid issue of NCDs with warrants is subject to approval of the shareholders at the AGM to be held on 28 July 2015.

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First Published: Jun 08 2015 | 1:07 PM IST

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