Open an Account
search icon
4
NOTIFICATIONS
Best Algo trading app in India
Bigul

Indiabulls Housing Finance Ltd - 535789 - Announcement under Regulation 30 (LODR)-Credit Rating

 This is with reference to the communication Indiabulls Housing Finance Limited [IBH] received from the rating agency ICRA. The rating committee of ICRA has reaffirmed the long-term rating of Indiabulls Housing Finance Limited at 'ICRA AA+'. Short-term rating has been reaffirmed at 'ICRA A1+'. ICRA cited the following in reaffirming the ratings and resolving the rating watch: Established track in domestic mortgage finance industry as one of the three largest Housing Finance Companies Comfortable capitalization levels: Capital adequacy ratio of 27.81% against regulatory requirement of 12%, providing adequate cushion for growth The available flexibility to securitize a part of the loan portfolio, which provides the company an avenue for raising funds, in addition to shoring up Return on Equity [RoE] Strong liquidity position to cover next 12 months' debt repayment For further details, refer attached PDF file.
14-10-2019
Bigul

Indiabulls Housing Finance Ltd - 535789 - Outcome of Board Meeting

 Further to our intimation dated October 09, 2019 and in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, the Board of Directors of Indiabulls Housing Finance Limited (the 'Company') at its meeting held on October 14, 2019 (which commenced at 7:30 p.m. and concluded at 8:35 p.m.) considered the option of buyback of shares under SEBI (Buy-Back of Securities) Regulations, 2018, as amended (hereinafter referred to as the 'Buyback'). While deliberating on the buyback of shares the Board of Directors noted the following: The present market value of the Company is at a steep discount to its historical valuation multiples The Company's financial position is very strong and its capital levels are high: o The Company's Capital Adequacy of 27.8% as at the end of June 2019, is the highest amongst all non-bank finance companies [NBFCs] of size. For further details, refer attached PDF file.
14-10-2019

Yes Bank, Indiabulls Housing are different peas stuck in same pod

 Difference between Yes Bank, Indiabulls Housing's market value has narrowed recently.Variance between bank, non-bank has blurred as Yes Bank, Indiabulls Housing struggle for capital
14-10-2019
Bigul

TPG stalls plan to sell 10% stake in Shriram Capital on valuations

 The halt came as debt concerns spread at lenders, including Indiabulls Housing Finance and a regional bank.
11-10-2019
Bigul

Indiabulls Housing Finance Ltd - 535789 - Intimation In Terms Of Regulations 30 And 57(1) Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015, Regarding Payment Of Interest/Principal On Secured Redeemable Non-Convertible Debentures (Ncds) Issued By The Company, On Private Placement Basis.

 Pursuant to Regulations 30 and 57(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby certify that our Company has made timely payment of interest / principal (as the case may be) in respect of the Secured Redeemable Non-Convertible Debentures (NCDs) issued by our Company, on private placement basis.For further details refer attached PDF file.
10-10-2019
Bigul

Indiabulls Housing expects 20% growth in profits and loan book

 Immediate focus will be on improving perception, which has taken a hit over the last six months after the merger announcement
10-10-2019
Bigul

Indiabulls Housing Finance Ltd - 535789 - Update

 This is to inform you that RBI vide their letter dated October 9, 2019 has informed that the application for voluntary amalgamation of the Company with Lakshmi Vilas Bank can't be allowed. Now that the merger will not happen with Lakshmi Vilas bank, the uncertainty of last 5 months on the business is lifted and the Company will focus on its growth of the core business of housing finance. From its core business, the Company has paid a total of Rs 10,530 crores ($ 1.5 billion) in dividends translating to total dividends of Rs 271 per share on a Rs 2 paid up share to its shareholders in the last 10 years. The Company will continue with its policy of quarterly dividends going forward. The Company has strong networth of approx Rs 19,000 crores ($2.7 billion) and healthy liquidity and cash balances of over Rs 18,000 crores ($2.5 billion) as on date. For further details, refer PDF file.
09-10-2019
Bigul

Indiabulls Housing Finance Ltd - 535789 - Submission Of A Compliance Certificate Referred To In Regulation 40(9), Pursuant To Regulation 40(10) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015, For The Half-Year Ended September 30, 2019

 Pursuant to Regulation 40(10) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (hereinafter 'the Regulations'), please find enclosed herewith a Compliance Certificate [referred to in Regulation 40(9) of the Regulations] dated October 9, 2019 issued by Mr. Anshul Chhabra, Practising Company Secretary, in respect of our Company for the half-year ended September 30, 2019.
09-10-2019
Bigul

Indiabulls Housing Finance Ltd - 535789 - Board Meeting Intimation for Intimation Of Board Meeting To Consider Proposal Of Buy-Back Of Equity Shares Of Indiabulls Housing Finance Limited (The Company) And Closure Of Trading Window

 Indiabulls Housing Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/10/2019 ,inter alia, to consider and approve Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that a meeting of the Board of Directors of the Company will be held on Monday, October 14, 2019, to consider, inter alia, the proposal of Buy-back of equity shares of the Company. We further wish to inform that in terms of SEBI (Prohibition of Insider Trading) Regulations, and Code of Conduct for Prevention of Insider Trading of the Company, the Trading Window for dealing in securities of the Company which had been closed earlier, shall remain closed till 48 hours after the declaration of financial results for the quarter ended September 30, 2019.
09-10-2019
Bigul

Indiabulls Housing Finance Ltd - 535789 - Compliances-Reg. 57 (1) - Certificate of interest payment/Principal in case of NCD

 Pursuant to Regulations 30 and 57(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby certify that our Company has made timely payment of interest / principal (as the case may be) in respect of the Secured Redeemable Non-Convertible Debentures and Unsecured Redeemable Non-Convertible Subordinated Debt in the nature of Debentures (NCDs) issued by our Company, on private placement basis. For further details refer attached PDF file.
07-10-2019
Next Page
Close

Let's Open Free Demat Account