Indiabulls Housing Finance Board Approves Raising Rs 3,997 Crore

New Delhi: Indiabulls Housing Finance Ltd (IHFL) said the company board on Tuesday approved an allotment of over 5.6 crore equity shares worth Rs 3,996.79 crore to qualified institutional buyers (QIBs). "...Securities Issue Committee of the Board of Directors of the Company has, at its meeting on September 15, 2015, approved the issue and allotment of 56,934,372 equity shares to eligible qualified institutional buyers at the issue p...