28 May 2020 | 7:15 AM

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Indiabulls Housing Finance offers to pre-pay NCDs
  Indiabulls Housing Finance Ltd. | 17 Jan 2020 | 10:51 AM
Published on 10-18-2019
Indiabulls Housing Finance on Thursday offered pre-mature redemption of all non-convertible debentures (NCDs) maturing in November and December this year.


In a stock exchange filing the company said it will also evaluate further pre-mature redemption of its NCDs from time to time.


"The Company hereby issues an offer to all Debenture holder(s) for pre-mature redemption of its NCDs maturing in November and December 2019 at par" the filing said.


Indiabulls Housing Finance (IBH) continues to maintain strong liquidity with cash and cash equivalents at around 20 per cent of its total assets as on October 10 2019 it added.


"The Company has aggregate liquidity of more than Rs 18500 crore as on October 10 2019 which provides around 100 per cent cover over IBH`s debt repayments till September 2020" it added.