Corporate News 11-May-21
Indiabulls Housing Finance to divest its entire stake in MF biz to Groww Group
For consideration of Rs 175 crore
Indiabulls Housing Finance along with its wholly owned subsidiary companies Indiabulls Asset Management Company (IAMCL) and Indiabulls Trustee Company, Trustee of IAMCL, (ITCL) has executed definitive transaction document with Nextbillion Technology, part of Groww Group (hereinafter referred to as “Groww”), to divest its entire stake in mutual fund business, being carried out by IAMCL & ITCL to the Groww at an aggregate purchase consideration of Rs 175 crore (including cash and cash equivalents of Rs 100 crore, as on closing date) (Transaction) subject to necessary approvals, as may be required in this regard.
Previous News
Indiabulls Housing Finance plans public issue of NCDs of Rs 200 cr
( Corporate News - 09-May-24 10:22 )
Indiabulls Housing Finance update on proposed name change
( Corporate News - 25-Jan-24 19:57 )
Jaiprakash Associates Ltd leads losers in 'A' group
( Hot Pursuit - 20-Dec-23 15:00 )
Indiabulls Housing Finance consolidated net profit rises 2.94% in the September 2023 quarter
( Results - Announcements 15-Nov-23 07:41 )
Indiabulls Housing Finance allots NCDs aggregating Rs 107.65 cr
( Corporate News - 09-Nov-23 12:57 )
Indiabulls Housing Finance increases its lending rates by 50 bps
( Corporate News - 18-Jun-22 12:25 )
Indiabulls Housing Finance fixes record date for interim dividend
( Market Beat - Reports 01-Jun-21 19:31 )
Indiabulls Housing Finance update on sale of its stake in OakNorth Holdings
( Corporate News - 07-Oct-21 10:15 )
Indiabulls Housing Finance to buyback NCDs maturing up to 31 March 2024
( Corporate News - 09-Oct-23 09:05 )
Indiabulls Housing Finance update on dollar bond repayment in May 2022
( Corporate News - 07-Oct-21 10:12 )
Indiabulls Housing Q3 PAT falls 8% YoY to Rs 303 cr
( Hot Pursuit - 10-Feb-22 11:17 )
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