INDIABULLS REAL ESTATE LTD. - 532832 - Statement Of Investor Complaints For The Quarter Ended June 2020
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 010100 Name of the Signatory :- Ravi TelkarDesignation :- Company Secretary and Compliance Officer INDIABULLS REAL ESTATE LTD. - 532832 - Clarification
With reference to significant movement in price, in order to ensure that investors have latest relevant information about the company and to inform the market so that the interest of the investors is safeguarded, Indiabulls Real Estate Ltd has submitted to BSE a copy of Clarification is enclosed. INDIABULLS REAL ESTATE LTD. - 532832 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please find enclosed a copy of the Postal Ballot Notice, dated July 7, 2020 ('Notice'), for seeking approval of the Members on proposed resolutions, as set out in the Notice. The Company has completed dispatch of the Notice today i.e. July 10, 2020, to all its shareholders, holding equity shares of the Company as on 3rd July, 2020 and whose email IDs are registered with the Company/Depositories, in compliance with General Circular No. 14/2020 dated April 8, 2020, 17/2020 dated April 13, 2020, 22/2020 dated June 15, 2020, issued by Ministry of Corporate Affairs, and Circular No. SEBI/HO/CFD/CMD1/ CIR/P/2020/79 dated May 12, 2020, issued by SEBI. The Notice will also be available on the website of the Company i.e. www.indiabullsrealestate.com and KFin's e-voting website i.e. https://evoting.karvy.com. INDIABULLS REAL ESTATE LTD. - 532832 - Clarification sought from Indiabulls Real Estate Ltd
The Exchange has sought clarification from Indiabulls Real Estate Ltd on July 10, 2020 with reference to significant movement in price, in order to ensure that investors have latest relevant information about the company and to inform the market so that the interest of the investors is safeguarded.The reply is awaited. INDIABULLS REAL ESTATE LTD. - 532832 - Closure of Trading Window
In compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as amended, the trading window of the Company has been closed and shall remain closed till 48 hours after the declaration of financial results for the quarter ended June 30, 2020. The date of the Board meeting of the Company for declaration of financial results for the quarter ended June 30, 2020, will be intimated in due course. INDIABULLS REAL ESTATE LTD. - 532832 - Format of Initial Disclosure to be made by an entity identified as a Large Corporate
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompayINDIABULLS REAL ESTATE LTD. 2CINL45101DL2006PLC148314 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 2173.00 4Highest Credit Rating during the previous FY AA- 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)BRICKWORK RATINGS INDIA PRIVATE LIMITED 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: Ravi Telkar Designation: Company Secretary EmailId: [email protected] Name of the Chief Financial Officer: Anil Mittal Designation: Chief Financial Officer EmailId: [email protected] Date: 18/06/2020 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets. INDIABULLS REAL ESTATE LTD. - 532832 - Compliance Under Regulation 23(9) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015
Pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (hereinafter 'the Regulations'), please find enclosed herewith disclosure of Related Party Transactions on Consolidated basis, in the format specified in the accounting standards for the half-year ended March 31, 2020. INDIABULLS REAL ESTATE LTD. - 532832 - Announcement under Regulation 30 (LODR)-Credit Rating
This is to inform you that the rating committee of the rating agency CARE Ratings has revised the long-term rating of Indiabulls Real Estate Limited to 'CARE A'. In revising the rating, CARE cited challenges faced by the Indian real estate sector and the expected adverse fallout on the sector from the COVID-19 pandemic. Please take the information on record. INDIABULLS REAL ESTATE LTD. - 532832 - Announcement under Regulation 30 (LODR)-Credit Rating
This is to inform you that the rating committee of the rating agency Brickwork Ratings, has reaffirmed the long-term rating of Indiabulls Real Estate Limited at 'BWR AA-'. Brickwork Ratings noted the following in reaffirming the ratings: -The Company's strong liquidity position. -Availability of OC received inventory and land bank. -The Company's established track record of operations and experienced management team. Please take the aforesaid information on record. INDIABULLS REAL ESTATE LTD. - 532832 - Update On Proposal Of The Merger Of Certain Ongoing, Completed And Planned Residential And Commercial Projects Of Embassy Property Developments Private Limited ('Embassy') With The Company
In continuation to the exchange communications dated January 31, 2020 and March 3, 2020, regarding proposal of the merger of certain ongoing, completed and planned residential and commercial projects of Embassy Property Developments Private Limited ('Embassy') with Indiabulls Real Estate Limited ('IBREL') ('Merger'), we wish to inform that lockdown restrictions imposed due to global spread of Corona Virus (COVID-19) had impacted the progress of the Merger process. With the lockdown relaxations from June 3, 2020, best effort endeavors are now being made by Embassy and IBREL to execute transaction documents on or before July 15, 2020 and a scheme of amalgamation, in accordance with Section 230-234 of the Companies Act, 2013 read with the rules framed thereunder, as amended, and the SEBI circular no. CFD/DIL3/CIR/2017/21 dated 10 March 2017, as amended, for the proposed Merger will accordingly be placed before the Board of Directors of the Company for its approval.