Press Releases

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Date : Mar 19, 2013
Investment by FIIs/NRIs/PIOs under PIS : M/s. Indiabulls Housing Finance Limited

The Reserve Bank of India today notified that Foreign Institutional Investors (FIIs) can now purchase under the Portfolio Investment Scheme equity shares and convertible debentures of M/s. Indiabulls Housing Finance Limited as under:

  • FIIs through primary market and stock exchanges up to 100 per cent of the paid up capital of the company.

  • NRIs/PIOs through primary market and stock exchanges up to 24 per cent of the paid up capital of the company.

M/s. Indiabulls Housing Finance Limited has passed resolutions at the board of directors' level and a special resolution by the shareholders, to enhance the limit for purchase of its equity shares and convertible debentures.

Ajit Prasad
Assistant General Manager

Press Release : 2012-2013/1573


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