Indiabulls Housing Finance allots over 30 lakh shares at Rs 234.05 apiece to FCCB holders
Pursuant to the receipt of notice for conversion of FCCBs, for a principle value of USD 10 million, the company on Thursday issued and allotted 30,25,126 fully paid-up equity shares at a conversion price of Rs 243.05 per equity share, to the holder of such FCCBs, the company said in a regulatory filing.
Indiabulls Housing Finance Ltd - 535789 - Allotment Of Equity Shares Pursuant To Conversion Of USD 10,000,000 4.50 Per Cent. Secured Convertible Bonds Due 2026 ('Fccbs') Into Equity Shares
Pursuant to the applicable provisions of SEBI (LODR) Regulations, 2015, we wish to inform that consequent upon the conversion of FCCBs, allotted on September 28, 2021 under ISIN XS2377720839 for an aggregate USD 165,000,000 4.50 per cent., in terms of the offering circular dated September 21, 2021 and pursuant to receipt of notice for conversion of FCCBs, for a principle value USD 10,000,000 the Company, has today issued and allotted 30,25,126 Fully Paid Equity shares of face value INR 2/- each, at a conversion price of INR 243.05 (including a premium of INR 241.05) per Equity Share, to the holder of such FCCBs. Consequent to the said allotment, the paid-up Equity Share Capital of the Company stands increased to INR 93,71,43,008 divided into 46,85,71,504 Fully Paid Equity Shares and outstanding principal value of FCCBs, as listed at SGX issued under ISIN XXS2301133943 is USD 149,500,000 and FCCBs issued under ISIN XS2377720839, stands reduced from USD 155,000,000 to USD 145,000,000. Indiabulls Housing Finance Ltd - 535789 - Announcement under Regulation 30 (LODR)-Allotment
Pursuant to the applicable provisions of SEBI (LODR) Regulations, 2015, we wish to inform that consequent upon the conversion of FCCBs, allotted on September 28, 2021 under ISIN XS2377720839 for an aggregate USD 165,000,000 4.50 per cent., in terms of the offering circular dated September 21, 2021 and pursuant to receipt of notice for conversion of FCCBs, for a principle value USD 10,000,000 the Company, has today issued and allotted 30,25,126 Fully Paid Equity shares of face value INR 2/- each, at a conversion price of INR 243.05 (including a premium of INR 241.05) per Equity Share, to the holder of such FCCBs. Consequent to the said allotment, the paid-up Equity Share Capital of the Company stands increased to INR 93,71,43,008 divided into 46,85,71,504 Fully Paid Equity Shares and outstanding principal value of FCCBs, as listed at SGX issued under ISIN XXS2301133943 is USD 149,500,000 and FCCBs issued under ISIN XS2377720839, stands reduced from USD 155,000,000 to USD 145,000,000. Indiabulls Housing Finance Ltd - 535789 - Board Meeting Intimation for Intimation Of Board Constituted Committee Meeting Of The Company As Per Regulation 29 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015, To Consider Raising Of Funds
Indiabulls Housing Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/03/2022 ,inter alia, to consider and approve Pursuant to Regulation 29 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('SEBI Listing Regulations'), this is to inform that a meeting of the Board constituted Committee of the Company is scheduled to be held on Tuesday, March 22, 2022, inter alia, to consider and approve raising of funds through issue of secured and/or unsecured bonds, in one or more tranches, on private placement basis, subject to the approval of the members of the Company, and other regulatory and/or statutory approvals, as applicable. 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 has already been closed, shall remain closed till March 24, 2022. 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 NCDs issued by our Company, on private placement basis. For further details, please refer attachment. Indiabulls Housing Finance Ltd - 535789 - Disclosure Under Regulation 30 And 31A Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015, As Amended
In furtherance to earlier intimations dated, December 16, 2021 and March 14, 2022, we wish to inform that the Board of Directors of Indiabulls Housing Finance Limited ('the Company'), at its meeting held today i.e. March 15, 2022, noted the resignation of Mr. Sameer Gehlaut from the office of Non-Executive Director of the Company effective March 14, 2022. Post his resignation, the Board of the Company comprises of five independent directors and four executive directors. The Board, at aforesaid meeting, has also considered and approved the request from the following, currently belonging to the 'Promoter and Promoter Group' category of the Company ('Outgoing Promoters'), for their reclassification from 'Promoter and Promoter Group' category to 'Public' category, subject to all requisite regulatory approvals. For details, refer attachment.
Sameer Gehlaut resigns as Non-Executive Director at Indiabulls Housing; Stock zooms 13%
He will exit from the board of the company by end of this current fiscal year on March 31, 2022. .As of March 14, 2022, Gehlaut shareholding is about 4,51,94,807 equity shares to the tune of 9.71% in the company which he will hold as a public shareholder. Indiabulls Housing Finance Ltd - 535789 - Disclosure Under Regulation 30 And 31A Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
In furtherance to earlier exchange intimation dated December 16, 2021, wherein it was informed that Mr. Sameer Gehlaut will be resigning from the board of the Company by end of the current fiscal, we hereby inform that Mr. Sameer Gehlaut has today resigned from the office of Non-Executive Director of Indiabulls Housing Finance Limited. The resignation letter received from Mr. Sameer Gehlaut from Board of the Company effective March 14, 2022 is attached. Further, in accordance with Regulation 31A(8)(a) of Listing Regulations, we are in receipt of the requests from following, currently belonging to the 'Promoter and Promoter Group' category of the Company ('Outgoing Promoters'), for their reclassification from 'Promoter and Promoter Group' category to 'Public' category, under the provisions of the Listing Regulations. For further update, pls. refer attachment. 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 following NCDs issued by our Company, on private placement basis.
ED probes Indiabulls Housing Finance; summons CEO Gagan Banga
The Enforcement Directorate has summoned Gagan Banga, vice chairman, managing director and CEO, Indiabulls Housing Finance on Tuesday at Delhi in connection with an alleged money laundering case registered last year.