Indiabulls Housing Finance looks to onboard new investor as promoter readies exit
Indiabulls Housing Finance (IHF) is looking for a new strategic investor to anchor the company after founder and promoter Sameer Gehlaut reduced his stake below 10% last week even as the company plans to restructure its business by launching two credit funds, which will undertake risky developer loans and de-risk the company from the volatilities of wholesale lending.
Indiabulls Housing Finance Ltd - 535789 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sameer Gehlaut IBH Trust & PACs Indiabulls Housing Finance Ltd - 535789 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Inuus Infrastructure Pvt Ltd & PACs Indiabulls Housing Finance Ltd - 535789 - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligation And Disclosure Requirements) Regulations, 2015, As Amended
Pursuant to the resolution of the Securities Issuance Committee of Indiabulls Housing Finance Limited dated December 03, 2021, the shelf prospectus ('Shelf Prospectus') and tranche I prospectus ('Tranche I Prospectus') (in relation to the public issue of secured, redeemable, non-convertible debentures of face value of ?1,000 each ('NCDs') for an amount up to ?200 crores ('Base Issue Size') with an option to retain oversubscription up to ?800 crores, aggregating up to ?1,000 crores ('Tranche I Issue Limit') ('Tranche I Issue'), which is within the shelf limit of ?2,000 crores), including the Tranche I Issue opening date being December 09, 2021 and the Tranche I Issue closing date being December 20, 2021 was approved. It has now been resolved by the Securities Issuance Committee that the Tranche I Issue will be further extended with the Tranche I Issue Closing date being December 31, 2021. For details, refer PDF file. Indiabulls Housing Finance ready for 3.0: CEO Gagan Banga
Promoter Sameer Gehlaut has sold 11.9% stake in the company via his promoter cos
Business Update: Indiabulls Housing Finance
Conference Call with Indiabulls Housing Finance Ltd. Management and Analysts. Listen to the full transcript. Management in attendance: Sameer Gehlaut 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 more details, please refer attached pdf file. Indiabulls Housing Finance Ltd - 535789 - Public Issue By Indiabulls Housing Finance Limited Of Secured Redeemable Non-Convertible Debentures Of Face Value Of ?1,000 Each (The 'NCDS') For An Amount Aggregating Up To ?2,000 Crores (The 'Shelf Limit') (The 'Issue'). The Ncds Will Be Issued In One Or More Tranches Up To The Shelf Limit, On Terms And Conditions As Set Out In Separate Tranche Prospectus(Es) For Each Tranche Issue.
In continuation of our intimation dated December 04, 2021 and December 08, 2021 on the captioned subject, we wish to inform you that Indiabulls Housing Finance Limited ('Company' or 'Issuer') has filed an addendum ('Addendum') with respect to the Tranche I Prospectus dated December 3, 2021 ('Tranche I Prospectus') which was filed in connection with the public issue of secured, redeemable, non-convertible debentures of face value of ?1,000 each ( the 'NCDs') for an amount up to ?200 crores ('Base Issue Size') with an option to retain oversubscription up to ?800 crores, aggregating up to ?1,000 crores by the Company ('Tranche I Issue Limit') ('Tranche I Issue'), which is within the shelf limit of ?2,000 crores. For more details, please refer attached pdf file.
Indiabulls Housing tanks 15% a day after promoter Gehlaut sells 11.9% stake
The stock was down almost 23 per cent from Thursday intraday high; while the stock took place at an average price of Rs 264 per share Indiabulls Housing Finance Ltd - 535789 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that a investor conference call will be held on Friday, December 17, 2021 at 16:00 IST. Dial in and other details of the call are enclosed herewith.