Details of Investor Meet
Indiabulls Housing Finance Ltd has informed BSE regarding "Details of Investor Meet".10-06-2016
10-06-2016
Details of Investor Meet
Indiabulls Housing Finance Ltd has informed BSE regading Details of Investor Meet.08-06-2016
Allotment of Secured, Redeemable, Non-Convertible Debentures on a Private Placement basis
Indiabulls Housing Finance Ltd has informed BSE regarding "Allotment of Secured, Redeemable, Non-Convertible Debentures on a Private Placement basis".08-06-2016
Allotment of Secured, Redeemable, Non-Convertible Debentures on a Private Placement basis
Indiabulls Housing Finance Ltd has informed BSE regarding "Allotment of Secured, Redeemable, Non-Convertible Debentures on a Private Placement basis".07-06-2016
M3M India raises Rs 1,250 crore from Indiabulls Housing Finance
NEW DELHI: Gurgaon-based real estate developer M3M India has raised Rs 1,250 crore from Indiabulls Housing Finance and used Rs 700 crore of this money to pay the final instalment to Sahara group, concluding a deal to acquire 185 acres of land in Gurgaon for Rs 1,211 crore, said two people with knowledge of the development. M3M will use the rest Rs 550 crore to repay existing debt and for other general corporate purposes, including buying new land, one of the persons quoted above said, asking not to be named. The money has been raised by M3M through a structured debt transaction by discounting the cash flows of M3M's high-end Golf Estate project in Gurgaon. "Of the total raised, around Rs 260 crore is part of an existing construction loan facility from a bank that Indiabulls Housing Finance has taken over," said the second person. An email questionnaire sent to M3M did not elicit any response. A spokesman for Indiabulls denied the deal but said they had sanctioned a construction finance facility of around Rs 400 crore to the company. M3M's deal to buy 185 acres of land at Chauma near the Delhi-Gurgaon border was one of the biggest land deals in 2014. The land has been sold for a mixed-use development and the company had said that it has revenue potential from sales of around Rs 12,000 crore over 6-8 years. In January 2015, the company had paid an installment of Rs 300 crore for the land. Pankaj Bansal, director at M3M had said at...07-06-2016
M3M India raises Rs 1250 cr from Indiabulls Housing
M3M's deal to buy 185 acres of land at Chauma near the Delhi-Gurgaon border was one of the biggest land deals in 2014 and it has potential of Rs 12,000 cr.06-06-2016
Investor Conference
Indiabulls Housing Finance Ltd has informed BSE regarding Investor Conference.03-06-2016
Updates
Indiabulls Housing Finance Ltd has informed BSE that the Company proposes to issue 1000 Secured Non-Convertible Redeemable Debentures with a face value of Rs. 10 lakh each aggregating to Rs. 100 Crores (Plus Greenshoe Option), on Private Placement basis, pursuant to special resolution passed by the shareholders of the Company at the 10th Annual General Meeting held on September 07, 2015, on the terms and conditions.03-06-2016
Updates
Indiabulls Housing Finance Ltd has informed BSE that the Company proposes to issue 400 Secured Non-Convertible Redeemable Debentures with a face value of Rs. 10 lakh each aggregating to Rs. 40 Crores (Plus Greenshoe Option), on Private Placement basis, pursuant to special resolution passed by the shareholders of the Company at the 10th Annual General Meeting held on September 07, 2015.02-06-2016
Details of Investors Meet
Indiabulls Housing Finance Ltd has informed BSE regarding "Details of Investors Meet".02-06-2016