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| Exchange Received Time 01/02/2018 21:04:33 Exchange Disseminated Time 01/02/2018 21:04:38 Time Taken 00:00:05 | In relation to the proposed issue of up to 8,33,33,333 partly paid-up Equity Shares, on a rights basis, for an amount aggregating up to Rs. 2,000 crore of Indiabulls Ventures Limited ('the Company'), the Securities Issuance Committee of the Board of the Company, at its meeting held today, i.e. on February 1, 2018, has approved the Letter of Offer to be filed with BSE Limited and National Stock Exchange of India Limited and to be submitted to the Securities and Exchange Board of India.
For details, please refer the attachment.
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