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The firm may raise funds by way of issue of equity shares and / or any other convertible or exchangeable securities, including but not limited to FCCBs, FCEBs, and/or any other financial instruments / securities convertible into and / or linked to Equity Shares or any combination thereof.
The issue may be by way of a private placement, including a preferential offer, rights issue, or such other methods or combinations as may be decided, in India or abroad, in one or more tranches.
Indiabulls Housing Finance is a housing finance company, regulated by the National Housing Bank (NHB). The company offers competitively priced home loans in the affordable housing segment.
The company's consolidated net profit rose 2.9% to Rs 297.98 crore on 0.5% increase in net sales to Rs 2,242.30 crore in Q2 FY24 over Q2 FY23.
The scrip declined 0.80% to trade at Rs 204.75 on the SBE.
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