Yaari Digital Integrated Services Limited has informed the Exchange regarding 'Allotment of fully paid-up equity shares of Indiabulls Limited (formerly known as Yaari Digital Integrated Services Limited) ( the Company ), pursuant to the Scheme of Arrangement'.
IBULLSLTD · price
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Indiabulls Limited has allotted 222,39,39,879 fully paid-up equity shares of face value Rs. 2 each to shareholders of Dhani Services Limited, Indiabulls Enterprises Limited, and India Land Hotels Mumbai Private Limited, as per the share exchange ratio under the Scheme of Arrangement. The scheme, approved by the NCLT Chandigarh Bench, came into effect on October 14, 2025, with the record date set as October 28, 2025. Following this allotment, the company's paid-up equity share capital has risen to Rs. 464,87,64,276, divided into 232,43,82,138 equity shares. The newly issued shares will rank equally with existing shares and are proposed to be listed and traded on NSE and BSE.
Existing Indiabulls shareholders will see significant dilution due to the massive share issuance, while shareholders of the three merging/demerged entities will become shareholders of Indiabulls Limited. The stock price may react to the change in capital structure and the consolidation of multiple businesses under the listed entity.