General Announcement::Approval of Unaudited Financial Results of the Company (31.12.2017) and outcome of Board meeting

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
23-Jan-2018 18:39:34
Status
New
Announcement Sub Title
Approval of Unaudited Financial Results of the Company (31.12.2017) and outcome of Board meeting
Announcement Reference
SG180123OTHRW0XT
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 Unaudited Standalone and Consolidated Financial Results of Indiabulls Housing Finance Limited (the Company) for the quarter and nine months ended December 31, 2017, duly approved by the Board of Directors of the Company at its meeting held today i.e. January 23, 2018, which was commenced at 2:30 P.M. and concluded at 3:40 P.M.

We also submit herewith Limited Review Reports dated January 23, 2018, issued by the Statutory Auditors of the Company, on the Standalone and Consolidated Financial Results of the Company for the said period, 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 14/- per equity share (on the face value of INR 2 per share) for the financial year 2017-18, and that the record date for the purpose of determining the names of members eligible for receipt of the interim dividend will be Saturday, February 3, 2018. The dividend will be paid on or before Thursday, February 22, 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 Non-Convertible Debentures, in the nature of Subordinate Debt, upto INR 25,000 Crore and INR 3,000 Crores respectively, on private placement basis, in one or more tranches, from time to time.

Attachments

IHFL_UFR_outcome_of_BM_31122017_23012018.pdf
Total size =5363K