Indiabulls Housing Finance Ltd proposes to issue NCDs worth Rs. 85 crores

Indiabulls Housing Finance Ltd proposes to issue 850 Secured Non-Convertible Redeemable Debentures with a face value of Rs. 10 lakh each aggregating to Rs. 85 Crores, 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.

Shares of Indiabulls Housing Finance Ltd was last trading in BSE at Rs.614.05 as compared to the previous close of Rs. 623.2. The total number of shares traded during the day was 48374 in over 3134 trades.

The stock hit an intraday high of Rs. 629.45 and intraday low of 611.05. The net turnover during the day was Rs. 29833979.

Source : Equity Bulls

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