Dear Sir / Madam, Indiabulls Housing Finance Limited (the 'Company') has further sold a portion of its stake in OakNorth Holdings Ltd. (the wholly owning parent company of OakNorth Bank plc) ('OakNorth') for approximately ? 93 crores. The sale proceeds will be accretive to the regulatory net worth and the CRAR of the Company. With the latest stake sale, the Company has raised a total of ? 2,670 crores as fresh equity in the month of September, October and November 2020 (? 683 crores through QIP and ? 1,987 crores through sale of stake in OakNorth) adding to the regulatory equity capital of the Company.

We wish to inform you that, the Company has redeemed (bought back) Secured, Redeemable, Non-Convertible Debentures of face value INR 10,00,000/- each (hereinafter the 'NCDs') issued by the Company. For more details, please refer attached PDF file.

Pursuant to Regulations 30 and 57(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby certify that our Company has made timely payment of interest in respect of the Secured Redeemable Non-convertible Debentures and Unsecured Redeemable Non-convertible Debentures (NCDs), issued by our Company, through Public Issue, and listed on the Stock Exchange. For more details, please refer attached PDF file.

Pursuant to the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board on the recommendation of the Nomination and Remuneration Committee of Directors, approved the appointment Mr. Dinabandhu Mohapatra (DIN: 07488705) as an Independent Director (Additional Director), on the Board of Directors of the Company, for a period of three years, with effect from November 23, 2020, subject to the approval of the Members of the Company. For details, refer attachment.

Pursuant to Regulations 30 and 57(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby certify that our Company has made timely payment of interest / principal (as the case may be) in respect of the following Secured Redeemable Non-Convertible Debentures (NCDs) issued by our Company, on private placement basis. For details, refer attachment.

Pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (hereinafter 'the Regulations'), please find enclosed herewith disclosure of Related Party Transactions on Consolidated basis, in the format specified in the accounting standards for the half-year ended September 30, 2020.

We wish to inform you that, the Company has redeemed (bought back) Secured, Redeemable, Non-Convertible Debentures of face value INR 10,00,000/- each (hereinafter the 'NCDs') issued by the Company. For details, refer attachment.

Pursuant to Regulations 30 and 57(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby certify that our Company has made timely payment of interest / principal (as the case may be) in respect of the following Unsecured Redeemable Non-Convertible Subordinated Debt in the nature of Debentures (NCDs) issued by our Company, on private placement basis. For details, refer attachment.

Pursuant to Regulation 52(5) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (hereinafter 'the Listing Regulations'), please find enclosed herewith a Certificate dated November 11, 2020 issued by IDBI Trusteeship Services Limited, the Debenture Trustee, confirming that they have received the information, as specified under Regulation 52(4) of the Listing Regulations, for the half year ended September 30, 2020, from the Company and noted the same.

In terms of Regulations 32(1) & 52(7) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the statements of deviation, for the quarter/half year ended September 30, 2020, on the utilization of proceeds of Equity Shares and Non-Convertible Debentures issued by the Company are attached in the format specified vide SEBI Circular CIR/CFD/CMD1/162/ 2019 dated December 24, 2019 and Circular No. SEBI/HO/DDHS/08/2020 dated January 17, 2020. The above referred statements of deviation, for the quarter/half year ended September 30, 2020, were placed before the Audit Committee of the Company, at its meeting held today i.e. November 11, 2020, wherein the Committee has noted the same and approved for submission with the Stock Exchanges, without any comment thereon.