Company Announcements

Committee Meeting - Approval of Placement Document

Source: RNS
RNS Number : 7090V
Housing Development Fin. Corp. Ltd.
10 August 2020
 

Ref. No.: SE/2020-21/124

 

August 10, 2020

 

BSE Limited                                                                National Stock Exchange of India Limited

P. J. Towers                                                                 Exchange Plaza, Plot No. C/1, G Block,

Dalal Street                                                                  Bandra-Kurla Complex

Mumbai 400 001                                                         Bandra (East), Mumbai 400 051

 

Kind Attn: Sr. General Manager                                              Kind Attn: Head - Listing
      DCS - Listing Department

 

Dear Sirs,

 

Ref:     Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations").

 

Sub:     Qualified institutions placement ("QIP") of equity shares and secured redeemable non-convertible debentures simultaneously with warrants (together, "Securities"), by Housing Development Finance Corporation Limited ("Corporation") under Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("ICDR Regulations") and other applicable regulations ("Issue").

 

This is further to our letter dated August 10, 2020 submitted earlier in the day on the captioned subject inter alia informing you that the Issue had been closed and also contained the details regarding the same.

 

In this connection, we wish to inform you that the 'Committee of Directors - QIP 2020' of the Corporation ("Committee of Directors") has at its meeting held today, i.e., August 10, 2020, approved and adopted the placement document, in relation to the Issue (the "Placement Document") along with confirmation allocation note for equity shares and warrants. The Corporation is in the process of finalizing and uploading the said Placement Document on the website of the stock exchanges in accordance with the provisions of the ICDR Regulations and also on the website of the Corporation i.e. www.hdfc.com.

 

We request you to take note of the above and arrange to bring the same to the notice of all concerned.

 

Please note that the Meeting of the Committee of Directors commenced at 11.40 p.m. and concluded at 11.50 p.m. 

 

Thank you

 

Yours faithfully

For Housing Development Finance Corporation Limited

 

 

Ajay Agarwal

Company Secretary

 

cc:        London Stock Exchange,

            10, Paternoster Square, London, EC4M 7LS


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