Sammaan Capital Ltd

Indiabulls Housing Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/05/2024 inter alia to consider and approve (a) audited financial results for the quarter and financial year ended March 31 2024 and (b) payment of dividend if any on the equity shares of the Company for the FY 23-24.To be in a position to swiftly take advantage of strategic opportunities that may present themselves an enabling approval to raise funds in the manners detailed in the following sentences is being considered by the Board and where/if required the same may also be put for approval to the shareholders. Thus the Board may consider and approve the raising of funds through the issuance of equity shares and/or any other convertible or exchangeable securities including but not limited to warrants depository receipts FCCBs FCEBs or any combination thereof by way of a public or preferential offer a private placement follow-on public offering rights issue qualified institutions placement or a combination thereof or such other methods or combinations as may be decided. For details refer attachment