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Indiabulls Housing Finance rights issue: IMPORTANT update
short by Prashant Singh / on Thursday, 1 February, 2024
Indiabulls Housing Finance rights issue: The rights issue is structured with a ratio of 1 new rights issue share for every 2 equity shares held on record date. Notably, the rights issue price is set at a discounted rate of Rs 150 per share, a 25% reduction. Investors must own shares before the Record Date to qualify for rights entitlement.
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