Investment15 Mar 2024, 05:35 pm
Indiabulls Housing Finance Approves Raising up to Rs. 10,000 Crores Through Debentures, Bonds, or ECBs
AI Summary
The Board of Indiabulls Housing Finance has approved raising funds through debentures, bonds, debt, ECBs, or any other non-convertible securities, aggregating up to Rs. 10,000 Crores. The fundraising will be done through public offer, private placement, or any combination. The Securities Issuance and Investment Committee will evaluate various options and finalize the details of the offering.
Key Highlights
- Indiabulls Housing Finance to raise up to Rs. 10,000 Crores
- Funds to be raised through debentures, bonds, debt, ECBs, or non-convertible securities
- Raising to be done through public offer, private placement, or any combination
- Securities Issuance and Investment Committee to finalize terms and conditions of the offering