09-Nov-2020
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Embassy Developments
This is to inform you that Indiabulls Real Estate Limited (the Company) proposes to issue Secured Redeemable Non-Convertible Debentures of face value Rs.10 lakh each aggregating upto Rs 50 crore on a private placement basis pursuant to a special resolution passed by the shareholders of the Company at its 14th Annual General Meeting held on September 28 2020 on the terms and conditions as mentioned in the attachment.
Please take the above information on record.
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