Indiabulls HF sells more in OakNorth
Indiabulls Housing Finance on Friday said it has sold further stake in OakNorth Bank to Riva Capital Partners V, LP, US, for 441 crore. The sale proc09-10-2020
09-10-2020
Indiabulls Housing Finance Ltd - 535789 - Submission Of A Compliance Certificate Pursuant To Regulation 7(3) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015, For The Half-Year Ended September 30, 2020
Pursuant to Regulation 7(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (hereinafter 'the Regulations'), please find enclosed herewith certificate(s) dated October 7, 2020 and October 9, 2020 duly signed on behalf of the Company and our Registrar and Share Transfer Agent(s), Skyline Financial Services Pvt. Ltd. and KFIN Technologies Private Limited respectively, certifying compliance with the requirements of Regulation 7(2) of the Regulations in respect of our Company for the half-year ended September 30, 2020.09-10-2020
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 SEBI (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 Unsecured Redeemable Non-Convertible Subordinated Debt in the nature of Debentures (NCDs) issued by our Company, on private placement basis. For details, refer attachment.09-10-2020
Indiabulls Housing Finance Ltd - 535789 - Indiabulls Housing Finance Ltd. Raises Rs. 441 Crores By Selling Part Of Its Stake In Oaknorth Bank Ltd.
Indiabulls Housing Finance Limited ('the Company') has further sold a portion of its stake in OakNorth Holding Ltd. (the wholly owning parent company of OakNorth Bank Ltd.) ('OakNorth'), to Riva Capital Partners V, L.P., USA, for approximately Rs. 441 crores. The sale proceeds will be accretive to the regulatory net worth and the CRAR of the Company. With the latest stake sale, the Company has raised a total of Rs. 2,273 crores as fresh equity in the month of September and October 2020 (Rs. 683 crores through QIP and Rs. 1590 crores through sale of stake in OakNorth) adding to the regulatory equity capital of the Company. Indiabulls Housing in its category of AA / AA+ rated HFCs/ NBFCs is at the top position for both raising bonds and fresh equity in the current fiscal. The Company has issued bonds of Rs. 2,780 crores in the current fiscal till date and has raised Rs. 2,273 crores in fresh equity in the current fiscal till date adding to the regulatory equity capital of the Company.09-10-2020
Indiabulls Housing Finance Ltd - 535789 - Intimation About Pre-Mature Redemption (Buyback) Of Secured, Redeemable, Non-Convertible Debentures Issued By Indiabulls Housing Finance Limited
We wish to inform you that, the Company has redeemed (bought back) Secured, Redeemable, Non-Convertible Debentures of face value INR 10,00,000/- each (hereinafter the 'NCDs') issued by the Company. For details, refer attachment.07-10-2020
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 SEBI (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 Secured Redeemable Non-Convertible Debentures (NCDs) issued by our Company, on private placement basis. For details, refer attachment.06-10-2020
Indiabulls Housing Finance Ltd - 535789 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
We wish to inform that the Compensation Committee constituted by the Board of Directors of the Company has, at its meeting held today i.e. October 4, 2020, granted, under the 'Indiabulls Housing Finance Limited Employees Stock Option Scheme - 2013', 1,25,00,000 (One Crore Twenty Five Lakh) Stock Options representing an equal number of equity shares of face value of Rs. 2/- each in the Company, at an exercise price of Rs. 200/-, which is at a premium of approx. 28% on the latest available closing market price on the National Stock Exchange of India Limited, as on October 1, 2020. The grant covers approx. 15% of the Company's employees.The Stock Options so granted, shall vest within 3 years beginning from October 5, 2021, the first vesting date. The options vested under each of the slabs, can be exercised within a period of five years from the relevant vesting date.04-10-2020
Indiabulls Housing Finance Ltd - 535789 - 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 and half year ended September 30, 2020. The date of the Board meeting of the Company for declaration of financial results for the quarter and half year ended September 30, 2020 will be intimated in due course.30-09-2020
Indiabulls Housing Finance Ltd - 535789 - Announcement under Regulation 30 (LODR)-Allotment
Pursuant to Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that in terms of the Board authorization dated July 3, 2020, the Company has today i.e. on September 30, 2020, allotted 6,250 Secured, Redeemable, Non-Convertible Debentures of face value Rs. 10 lakh each ('NCDs') aggregating to Rs. 625 Crores, on a private placement basis, as per below mentioned details. These NCDs have been subscribed by four large Indian public sector banks. For details, refer attachment.30-09-2020
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 SEBI (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 Secured Redeemable Non-Convertible Debentures (NCDs) issued by our Company, on private placement basis. For details, refer attachment.30-09-2020