Indiabulls Housing Finance Ltd to issue NCDs aggregating Rs. 24000 crores

Indiabulls Housing Finance Ltd's proposal to issue, Secured, Redeemable, Non-Convertible Debentures of face value Rs. 10 lakhs each ('NCDs') aggregating Rs. 24,000 Crores, on a private placement basis. In terms of the Board authorization dated October 23, 2017, the Company has today, December 22, 2017, allotted its first tranche of Secured, Redeemable, Non-Convertible Debentures of face value Rs. 10 lakh […]

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Indiabulls Housing Finance sells lndiabulls Life Insurance

Indiabulls Housing Finance on Saturday said that it has sold 100 per cent of its shareholding in “lndiabulls Life Insurance Company Limited”. According to a BSE filing, it sold the non-operational company with “no business or license”, to SORIL Holdings and Ventures Limited (“SHVL”), at face value for an aggregate cash consideration of Rs 5 lakh. “This transaction between the […]

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Indiabulls Housing sells 100% stake in Indiabulls Life

Indiabulls Housing Finance on Saturday said it has sold its entire shareholding in Indiabulls Life Insurance Company for a cash consideration of Rs 5 lakh to SORIL Holdings and Ventures. The company has sold its 100 per cent shareholding in 'Indiabulls Life Insurance Company Limited', presently a non- operational company with no business or license, to SORIL Holdings and Ventures […]

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Indiabulls Pharma raises ₹155 cr from Clermont Group

Indiabulls Pharmaceuticals, an Indiabulls Group company, has raised ₹155 crore from Singapore-based investment firm Clermont Group. The company will use the investments to strengthen its healthcare products and services in India, with the intention of being amongst the top 10 players in the coming decade. “This new development provides capital for growth for years to come and puts Indiabulls Pharmaceuticals […]

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