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Indiabulls Housing Finance proposes to raise Rs 400 crore

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Capital Market
Last Updated : Mar 03 2016 | 3:13 PM IST

Through private placement of Secured NCDs

Indiabulls Housing Finance announced that the Company proposes to issue 4,000 Secured Non-Convertible Redeemable Debentures with a face value of Rs. 10 lakh each aggregating to Rs. 400 crore, on Private Placement basis, pursuant to special resolution passed by the shareholders of the Company at the 10th Annual General Meeting held on 07 September 2015, on the terms and conditions.

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First Published: Mar 03 2016 | 9:17 AM IST

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