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 (formerly Yaari Digital Integrated Services) has allotted 222,39,39,879 fully paid-up equity shares of Rs. 2 face value to shareholders of Dhani Services Limited, Indiabulls Enterprises Limited (both amalgamating into the company) and India Land Hotels Mumbai Private Limited (demerged undertaking), as per the Share Exchange Ratio under the Scheme. The scheme was approved by the NCLT Chandigarh Bench and became effective on October 14, 2025, with the record date set as October 28, 2025. Post-allotment, the company's paid-up equity share capital has risen to Rs. 464,87,64,276, divided into 232,43,82,138 shares. The newly issued shares will rank equally with existing shares and are proposed to be listed on NSE and BSE.
Shareholders of the three merging/demerging entities will receive Indiabulls shares in the agreed exchange ratio, leading to equity dilution for existing Indiabulls shareholders but also bringing the consolidated businesses onto a single listed platform. The successful completion of the NCLT scheme and share allotment removes a key corporate restructuring overhang.