Board of Ganesh Housing Corporation allots NCDs

At meeting held on 17 April 2015

Ganesh Housing Corporation announced that the Board of Directors of the Company at its meeting held on 17 April 2015, has allotted 3000 Fully Secured Redeemable Unlisted Unrated Non-Convertible Debentures of the Face Value of Rs. 1,00,000/- each (Rupees One Lac Only) bearing interest rate of 17% p.a. for a total size of Rs. 30.00 crore (Rupees Thirty Crores Only) on a private placement basis to Reliance Capital.

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