Indiabulls Housing Finance will hold a meeting of the Board of Directors of the Company on 24 May 2024Powered by Capital Market - Live News

Indiabulls Housing Finance has approved public issue of secured, redeemable, non-convertible debentures of face value of Rs 1,000 each (NCDs) for an amount up to Rs 100 crores (Base Issue Size) with an option to retain oversubscription up to Rs 100 crores, aggregating up to Rs 200 crore (Tranche VI Issue Limit)( Tranche VI Issue), which is within the shelf limit of Rs 2,000 crore. Powered by Capital Market - Live News

Indiabulls Housing Finance announced the transfer of the second tranche of the reserve amount [Rs 291.49 crore] to the lender repayment trust for purpose of foreign currency convertible bonds (FCCBs) redemption on optional put date (29 September 2024). The Trustee in turn has created a fixed deposit [FD] using the reserve amount with a Scheduled Commercial Bank, and such reserve amounts shall be utilized for redemption of the FCCBs in compliance with applicable laws if the put option is exercised by the FCCBs holders.Fixed deposits aggregating to Rs 583 crore, now covers 50% FCCBs amount of March 2024 put option [total outstanding issue of USD 135 million]. Powered by Capital Market - Live News

Indiabulls Housing Finance has allotted 2,500 Secured, Redeemable, Non-Convertible Debentures of face value Rs. 1 lakh each aggregating to Rs. 25 crore, on a private placement basis. Powered by Capital Market - Live News

Indiabulls Housing Finance has allotted 12,95,934 non convertible debentures of face value of Rs 1000 each aggregating to Rs 129.59 crore on public issue basis on 26 March 2024. Powered by Capital Market - Live News