Indiabulls Real Estate has raised Rs 75 crore via private placement of debentures.

The company, earlier this week, had announced plans to issue secured redeemable non-convertible debentures of face value of Rs 10 lakh aggregating Rs 75 crore on a private placement basis.

The developer has said in a BSE filing that “the Operations Committee of the Board of Directors of the company has allotted NCDs aggregating Rs 75 crore.”

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