Indiabulls Housing Finance to issue Non Convertible Redeemable Debentures aggregating Rs 85 crore

On private placement basis

Indiabulls Housing Finance announced that the Company proposes to issue 850 Secured Non-Convertible Redeemable Debentures with a face value of Rs. 10 lakh each aggregating to Rs. 85 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.

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