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Sammaan Capital Limited — Capital/Financing Update 2021
Sep 27, 2021
60400_rns_2021-09-27_545c0b82-8a94-4553-a81a-ec04005b4e39.pdf
Capital/Financing Update
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Date: September 27, 2021
The National Stock Exchange of India Limited BSE Limited Listing Department Department of Corporate Services Exchange Plaza, Bandra Kurla Complex Floor 25, Phiroze Jeejeebhoy Towers Bandra (East) Dalal Street Mumbai 400 051 Mumbai 400 001 Company symbol : IBULHSGFIN Security code no. : 535789
Subject: Update – Indiabulls Housing Finance Ltd. raises ₹ 27 crores by selling part of its stake in OakNorth Holdings Ltd.
Dear Sir / Madam,
Indiabulls Housing Finance Limited (the “Company”) has sold a portion of its stake in OakNorth Holdings Ltd. (the wholly owning parent company of OakNorth Bank plc) (“OakNorth”) for approximately ₹ 27 crores. The sale proceeds will be accretive to the regulatory net worth and the CRAR of the Company and will be added to the regulatory equity capital of the Company.
Thanking you,
For Indiabulls Housing Finance Limited
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Amit Jain Company Secretary
CC: Luxembourg Stock Exchange, Luxembourg Singapore Exchange Securities Trading Limited, Singapore
Indiabulls Housing Finance Limited (CIN. L65922DL2005PLC136029) Corp. Off. Indiabulls House, 448-451, Udyog Vihar, Phase V, Gurugram -16. T. +91 124 668 1212 F. +91 124 668 1111 Reg. Off. M 62 & 63, First Floor, Connaught Place, New Delhi -01. T. +91 11 43532950 F. +91 11 43532947 [email protected] Web.Indiabullshomeloans.com