Don’t miss the latest developments in business and finance.

Indiabulls Housing Finance to issue NCDs aggregating up to Rs 1600 cr

Image
Capital Market
Last Updated : Aug 19 2016 | 12:01 AM IST

On private placement basis

Indiabulls Housing Finance announced that the Company proposes to issue upto 16,000 Secured Non-Convertible Redeemable Debentures with a face value of Rs. 10 lakh each aggregating to upto Rs. 1600 crore (Plus Greenshoe Option), 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.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Aug 18 2016 | 8:58 AM IST

Next Story