At meeting held on 11 October 2019The Board of Indiabulls Real Estate has approved the proposal of Rs. 500 crore of buyback (hereinafter referred to as the 'Buyback Size') of upto 5 crore fully paid-up Equity Shares having face value Rs. 2/- each of the Company, representing approx. 11% of its total existing paid-up equity capital ('Equity Shares') at Rs. 100/- per Equity Share (hereinafter the 'Buyback Price'), through the 'Tender Offer' route.
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