Corporate News 11-May-21
Indiabulls Housing Finance decides to divest out of mutual fund business
Indiabulls Housing Finance has decided to focus on its Real Estate Asset Management business through AIF structures in line with its asset-light strategy. The Real Estate Asset Management business is complementary to the core business of the Company and the sponsor plans to grow this business in partnership with global player(s). Therefore, the Mutual Fund business does not remain a core focus area for the Company. Considering all of the above, the sponsor has decided to focus management bandwidth and consolidate capital towards its core lending business and divest out of the Mutual Fund business.
Previous News
Indiabulls Housing Finance consolidated net profit rises 1.10% in the September 2022 quarter
( Results - Announcements 15-Nov-22 10:56 )
Indiabulls Housing Finance to raise up to Rs 1,000 cr via NCDs
( Other Markets - Debt Markets 06-Mar-23 12:46 )
Indiabulls Housing Finance consolidated net profit declines 14.39% in the March 2023 quarter
( Results - Announcements 22-May-23 17:14 )
Indiabulls Housing board to mull fund raising proposal
( Hot Pursuit - 13-Mar-24 08:29 )
Indiabulls Housing Finance to announce Quarterly Result
( Corporate News - 08-Feb-24 15:10 )
Indiabulls Housing Finance receives revision in credit ratings
( Corporate News - 10-Oct-23 09:35 )
Indiabulls Housing Finance to convene board meeting
( Corporate News - 26-Jul-23 11:53 )
Indiabulls Housing Finance to conduct AGM
( Corporate News - 23-Aug-22 20:10 )
Indiabulls Housing Finance divests partial stake in OakNorth
( Corporate News - 25-Sep-21 12:09 )
Indiabulls Housing Finance allots NCDs aggregating Rs 792.27 cr
( Corporate News - 24-Sep-21 13:40 )
Indiabulls Housing Finance to hold EGM
( Corporate News - 23-Mar-22 20:09 )
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