Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015, As Amended (The 'SEBI LODR Regulations') In Connection With An Offering Of USD Denominated Bonds Under The Updated USD 1,500 Million Secured Euro Medium Term Note Programme Established By Indiabulls Housing Finance Limited

• Security Code: 535789
• Company: IBULHSGFIN

This is in continuation to our intimation dated January 31, 2019 and May 13, 2019. In accordance with Regulation 30 and other applicable provisions of the SEBI LODR Regulations, we wish to inform you that the bond issue committee of the board of directors of Indiabulls Housing Finance Limited (the 'Company') at its meeting held today i.e. on May 21, 2019, has, amongst others, approved the issue of USD 350 million 6.375 per cent payable semi annually (6.29% nominal monthly) Senior Secured Notes due May 2022 under the updated USD 1,500 million Secured Euro Medium Term Note Programme of the Company as per details mentioned in Annexure-I.

We request you to take the above on record and the same be treated as compliance under applicable regulation(s) of the SEBI LODR Regulations.