Indiabulls Real Estate Ltd has informed BSE that the Company proposes to issue Secured, Redeemable, Non-Convertible Debentures of face value Rs. 10 lakh each aggregating Rs. 200 crore (including green shoe option of Rs 100 Crore), on a private placement basis, pursuant to a special resolution passed by the shareholders of the Company at its 9th Annual General Meeting held on September 28, 2015, on necessary terms and conditions.
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