Indiabulls Housing Finance Limited announced that in terms of the Board authorization dated March 15, 2024, the Company has on April 04, 2024, allotted 2,500 Secured, Redeemable, Non-Convertible Debentures of face value INR 1 lakh each aggregating to INR 250 million, on a private placement basis: Date of Allotment: April 04, 2024; Tenor: 3 years; Date of Maturity: 3 April, 2027; Coupon Rate: 9.75% p.a. (Payable Annually); Interest Payment Frequency: Annually from the date of allotment & at Maturity; Details of redemption of debentures: Redemption Date: 3 April, 2027.