Indiabulls Housing Finance Limited announced with reference to the Board authorization dated October 15, 2018, authorizing the company to issue, Secured, Redeemable, Non-Convertible Debentures of face value INR 1 million each, in one or more tranches, from time to time, aggregating INR 250,000 million, on a private placement basis, the Company on January 25, 2019, allotted 3,300 Secured, Redeemable, Non-Convertible Debentures of face value INR 1 million each aggregating to INR 3,300 million. Date of maturity is 25 January, 2024. Coupon Rate is 9.05% p.a. (Payable Annually). Interest payment frequency is annually. Redemption date is 25 January, 2024.