General Announcement::Audited Financial Results 31032018, declaration of Interim Dividend for the FY18-19 and outcome

Issuer & Securities

Issuer/ Manager
INDIABULLS HOUSING FINANCE LIMITED
Securities
INDIAB HF INR13.3B8.567%191015 - XS1487891852 - 4T4B
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
20-Apr-2018 18:32:58
Status
New
Announcement Sub Title
Audited Financial Results 31032018, declaration of Interim Dividend for the FY18-19 and outcome
Announcement Reference
SG180420OTHRSUV2
Submitted By (Co./ Ind. Name)
Indiabulls Housing Finance Limited
Designation
Mr. Amit Jain, Company Secretary
Description (Please provide a detailed description of the event in the box below)
Pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( Listing Regulations), we enclose hereto, for your information and record, the Audited Standalone and Consolidated Financial Results of Indiabulls Housing Finance Limited (the Company) for the quarter and financial year ended March 31, 2018, duly approved by the Board of Directors of the Company at its meeting held today i.e. April 20, 2018 (which was commenced at 2:30 P.M. and concluded at 3:30 P.M.), along with declaration pursuant to Regulation 33(3)(d) of the Listing Regulations.

We also submit herewith Audit Report dated April 20, 2018, issued by the Statutory Auditors of the Company, on the standalone and consolidated financial results of the Company, for the financial year ended March 31, 2018, which was duly placed before the Board at the aforesaid meeting.

Further, pursuant to the applicable provisions of the Listing Regulations, we wish to inform you that the Board of Directors of the Company at its aforesaid meeting has declared an Interim Dividend of INR 10/- per equity share (on the face value of INR 2 per share) for the financial year 2018-19, and that the record date for the purpose of determining the names of members eligible for receipt of the interim dividend will be Thursday, May 3, 2018. The dividend will be paid on or before Saturday, May 19, 2018.

Further, the Board of Directors of the Company in the aforesaid meeting has also authorised the Company to issue Secured Non-Convertible Debentures and Unsecured, Redeemable, Non-Convertible Subordinate Debt in the nature of Debentures (NCDs) upto INR 25,000 Crore and INR 1,000 Crores respectively, on private placement basis, in one or more tranches, from time to time.

Attachments

IHFL_financial_results_outcome_31032018_20042018.pdf
Total size =8369K