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 2.94% in the September 2023 quarter
( Results - Announcements 15-Nov-23 07:41 )
Indiabulls Housing Finance launches NCDs issue
( Other Markets - Debt Markets 13-May-24 14:46 )
Indiabulls Housing Finance update on proposed name change
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Indiabulls Housing Finance consolidated net profit rises 11.23% in the March 2022 quarter
( Results - Announcements 21-May-22 08:51 )
Indiabulls Housing Finance standalone net profit rises 59.27% in the June 2023 quarter
( Results - Announcements 14-Aug-23 16:22 )
Indiabulls Housing Finance plans public issue of NCDs of Rs 200 cr
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( Results - Announcements 12-Nov-21 14:18 )
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( Other Markets - Debt Markets 10-Jul-23 15:25 )
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