Indiabulls Housing Finance Ltd Right Issue 2024
- Published Date: February 13, 2024
- Updated Date: February 15, 2024
- By Team Choice
Indiabulls Housing Finance Limited announces a significant financial move with its Right Issue of Shares in 2024. As a leading player in the financial landscape, Indiabulls Finance Ltd aims to fortify its market position and enhance shareholder value through this strategic initiative. This marks a pivotal moment for Indiabulls Limited, as it leverages its expertise in housing finance to fuel growth and innovation. As Indiabulls Finance Services Ltd orchestrates this milestone, investors and stakeholders are invited to partake in the journey of India Bulls Pvt Ltd, contributing to the success of Indiabulls Finance Company Private Limited.
Indiabulls Housing Finance Ltd Latest Right Issue Details 2024
| Corporate Action | |
|---|---|
| Security Name | Indiabulls Housing Finance Limited |
| Issue Open/Close | February 7, 2024 - February 13, 2024 |
| Record Date | January 31, 2024 |
| Issue Size (Amount) | ₹3,693.40 Crores |
| Issue Size (Shares) | ₹246,226,515 |
| Right Issue Price | ₹150 per share |
| Face Value | ₹2 per share |
| CMP | ₹186 |
| Renunciation of Rights Entitlements | February 8, 2024 |
| Terms of Payment | Issue Price of Rs.150/- to be paid as Rs.50/- per share on Application and Rs.100/- per share in one or more calls as may be determined by the Board |
| Entitlement | ₹1 Rights Equity Share(s) for every 2 fully paid-up Equity Shares held on Record Date |
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CEBPL Clients are urged to verify the information prior to using it in their investing and trading decisions, including, but not limited to, referral to independent financial news resources, company announcements, and regulatory filings or disclosures. "Investment in securities market are subject to market risks, read all the related documents carefully before investing". Registration granted by SEBI and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors.
Name of Compliance Officer-Prashant Salian Email Id-Prashant.salian@choiceindia.com Contact no. 022-67079999-Ext-2310. Name of Grievance Officer-Deepika Singhvi-Email Id-ig@choiceindia.com, Contact no. 022-67079999-Ext-834. www.choiceindia.com
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