INDIABULLS REAL ESTATE LTD. - 532832 - Clarification
With reference to significant movement in price and volume, 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 - Clarification sought from Indiabulls Real Estate Ltd
The Exchange has sought clarification from Indiabulls Real Estate Ltd on 04 October 2019 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 September 30, 2019. The date of the Board meeting of the Company for declaration of financial results for the quarter ended September 30, 2019 will be intimated in due course. Please take the aforesaid intimation on record. Indiabulls Real Estate Ltd - 532832 - Disclosure of Voting results of AGM (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
Indiabulls Real Estate Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here INDIABULLS REAL ESTATE LTD. - 532832 - Shareholder Meeting / Postal Ballot-Outcome of AGM
Please find attached the Proceedings/Outcome of 13th Annual General Meeting ('AGM') of the Members of Indiabulls Real Estate Limited pursuant to Regulation 30 & 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, along with Voting Results in the prescribed format and Consolidated Scrutinizers'' Report dated September 28, 2019, on e-voting held during September 25, 2019 to September 27, 2019 and on poll held at AGM on September 28, 2019. INDIABULLS REAL ESTATE LTD. - 532832 - Update On Proposed Divestment
In furtherance to intimation dt 10.09.2019 pls be informed that the Company has divested its remaining stake in existing JV Cos Yashita Buildcon Ltd and Ashkit Properties Ltd (both owning assets at Udyog Vihar Gurgaon) and its certain subsidiaries in Indiabulls Properties P Ltd and Indiabulls Real Estate Co P Ltd (both owning assets at Lower Parel, Mumbai) to the entities controlled by the Blackstone Group Inc (Blackstone). With the receipt of sale consideration & satisfaction of closing conditions, the divestment of these assets got concluded today at an aggregate equity value of approx Rs 2717 Cr. This has generated significant financial resources for the Company towards achieving its goal of ZERO net debt in current FY. Further the Company & its subs are also in the process of finalization of definite agreements with Blackstone for proposed divestment of stake in commercial assets/development at Worli Mumbai, rights/stake in KG Marg New Delhi and Sector 104 & Sector 106 Gurgaon. Indiabulls Real Estate Ltd - 532832 - Update On Proposed Divestment
In furtherance to intimation dt 14.8.2019, pls be informed that to embark on a clear & simple path to achieve ZERO net debt in the current FY through strategic divestment of its stake in certain commercial and leasing business asset(s), the Company and its certain subsidiaries have agreed and finalized with entities controlled by The Blackstone Group Inc (Blackstone), which is a globally renowned real estate private equity investor, to divest their entire direct/indirect stake in: (a) existing JV Cos with Blackstone, namely Indiabulls Properties P Ltd and Indiabulls Real Estate Co P Ltd (both owning commercial assets at Lower Parel Mumbai), Yashita Buildcon Ltd and Ashkit Properties Ltd (both owning commercial assets at Udyog Vihar Gurugram) and (b) the commercial assets/development at Worli Mumbai, it's rights/stake in KG Marg New Delhi and Sector 104 & 106, Gurugram, at an aggregate equity value of approx INR 4420 Cr, subject to closing adjustments. For details, pls refer attachment Indiabulls Real Estate Ltd - 532832 - Submission Of Certificate In Compliance With The Provisions Of Corporate Governance, As Required Under Regulation 34(3) Read With Schedule-V To The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
As required under Regulation 34(3) read with Schedule-V to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we forward herewith, for your information and record, a certificate dated August 7, 2019, issued by Mr. B. D. Tapriya, Practicing Company Secretary, Delhi, regarding compliance by the Company with the provisions of Corporate Governance for the financial year ended March 31, 2019. We may mention here that the certificate has also been incorporated in the Annual Report of the Company for the financial year 2018-19. INDIABULLS REAL ESTATE LTD. - 532832 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Please find enclosed a copy of the clippings of notice published in newspapers on September 6, 2019, regarding dates of Book closure and the procedure with respect to the e-voting facility being provided by the Company to all its Members to enable them to cast their vote on all matters listed in the Notice convening the 13th Annual General Meeting of the Company to be held on Saturday, September 28, 2019 at 02:00 P.M. at Mapple Emerald, Rajokri, NH-8, New Delhi-110038. The said newspaper clippings are also placed on the website of the Company, https://www.indiabullsrealestate.com/. Indiabulls Real Estate Ltd - 532832 - Reg. 34 (1) Annual Report
This has reference to our letter dated August 23, 2019, wherein we had informed you that the Thirteenth Annual General Meeting of the Company will be held on Saturday, September 28, 2019 at 02:00 P.M. at Mapple Emerald, Rajokri, NH-8, New Delhi - 110038. In this connection and as required under Listing Regulations, we hereby enclose herewith Notice convening the Thirteenth AGM of the Company and Annual Report for the financial year 2018-19. The said documents are also uploaded on the website of the Company viz. https://www.indiabullsrealestate.com/. We would like to submit that the Company has commenced dispatch of said Notice and the Annual Report to the shareholders on Wednesday, September 4, 2019.