Updated on: May 17, 2017

HDB FINANCIAL SERVICES Ltd has informed BSE that the Company has secured an approval from its Board of Directors to borrow funds by issue of secured redeemable non-convertible debentures on private placement basis, in one or more tranches, upto Rs. 7000 crores ("Issue") at their meeting held on April 14, 2016, And that, the BSE has provided an in-principle approval for this Issue vide, its letter dated April 25, 2017. The Company now intends to raise its Sixteenth tranche of Rs.100 crores. The securities under this Tranche would be allotted by the consent of the Debenture Allotment Committee on May 18, 2017.

Pdf Link: Updates

Source : BSE - www.bseindia.com

Published on February 02, 2018

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