INDIABULLS FINANCIAL SERVICES LTD. - Fixes Record Date for Scheme of Amalgamation
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| 08 Mar 2013 | |
| Indiabulls Housing Finance Limited (IHFL) and Indiabulls Financial Services Ltd (IBFSL) has informed BSE that the Board of Directors of IBFSL has fixed March 20, 2013, as the Record Date for determining the list :<br/><br/>1. of the equity shareholders of IBFSL who will be entitled to be allotted equity shares in the ratio of 1 (one) equity share of face value Rs. 2 (Rupees Two only) each in IHFL for every 1 (one) equity share of face value Rs. 2 (Rupees Two only) each held by such shareholder in IBFSL; <br/><br/>2. of holders of listed warrants, bearing ISIN INE894F13012, in IBFSL who will be entitled to be allotted warrants in IHFL, in the ratio of 1 (one) warrant in IHFL, for every 1 (one) warrant held by such holder of warrants in IBFSL; and <br/><br/>3. of holders of IBFSL non convertible debentures, listed only on WDM segment of BSE, bearing ISIN INE894F07154, the indebtedness in respect whereof, would stand assumed by IHFL in terms of clause 7.3 of the Scheme. | |
| View all announcements for INDIABULLS FINANCIAL SERVICES LTD. | Source: BSE India |
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