STOCKWATCH
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Housing Finance Company
Investment18 Jan 2024, 12:50 am

Indiabulls Housing Finance Ltd to Raise Up to INR 5000 Crores through Equity Shares and Convertible Securities

AI Summary

The Board of Directors of Indiabulls Housing Finance Ltd has approved the raising of funds aggregating up to INR 5,000 crores through issue of equity shares and/or other convertible securities, including FCCBs, FCEBs, and/or any other financial instruments/securities convertible into and/or linked to Equity Shares, by way of private placement, preferential offer, rights issue, or other methods as may be considered appropriate.,

Key Highlights

  • Raising of funds up to INR 5,000 crores
  • Through issue of equity shares and/or convertible securities
  • Private placement, preferential offer, rights issue, or other methods
  • In India or abroad, listed on recognized stock exchanges
  • Subject to applicable laws and regulations
IBULHSGFIN
Housing Finance Company
Indiabulls Housing Finance Ltd

Price Impact