Scheme effective; Yaari renamed Indiabulls; October 28 record date fixed

Demerger Ratio AnnouncedCore Business DivestedNclt Scheme FiledStrategic Transactions View source PDF Explain this filing

IBULLSLTD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+7.0%Reaction day

₹17.39

prior close

₹17.73

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.0%+6.0% vs market

On the reaction day the stock moved 6.0 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

-1.3

15m

-1.3

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+7.0+1.0+6.0

Next day

+5.6+1.5+4.1

+2.5+1.0+1.5

+6.9+2.0+4.9

+7.0+3.1+3.9

+7.5+2.6+4.9

+2.6+2.7-0.0

15d

—+1.8—

+20.9+2.5+18.4

+6.6-2.9+9.5

-24.8-6.3-18.5

UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Effective October 14, 2025, with effect from April 1, 2023, the approved reorganisation merged Dhani Services and Indiabulls Enterprises into Yaari and moved India Land Hotels' real estate unit to Indiabulls Pharmacare. October 28 record date for Rs 2 Yaari shares at ratios of 294:100 for fully paid Dhani, 162:100 for partly paid Dhani, 110:100 for Indiabulls Enterprises and 322:1 for India Land Hotels. Yaari is now Indiabulls Limited.

Likely market impact

Eligible shareholders under the scheme receive Yaari shares. The group gains a broader mix, but more shares may dilute existing holders.