Indiabulls Real Estate to raise Rs 480 cr via debentures

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Indiabulls Real Estate plans to raise Rs 480 crore through issue of debentures on private placement basis.
In a BSE filing, the Mumbai-based developer has said that it "proposes to issue secured, redeemable, non-convertible debentures of face value Rs 10 lakh each aggregating Rs 480 crore, on a private placement basis."
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First Published: Jun 21 2018 | 4:50 PM IST