The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Inuus Developers Pvt Ltd & Others
Awaiting price reaction for this filing.
Indiabulls Enterprises Ltd's promoter group carried out an internal restructuring on May 22, 2025, transferring 4,17,25,150 shares (21.04% of paid-up capital) via off-market inter-se transfer within promoter entities. Zwina Infrastructure sold the shares, while Valerian Real Estate acquired 2,08,62,575 shares (10.52%) and Inuus Developers acquired the balance of 2,08,62,575 shares (10.52%). The acquirer entity Inuus Developers' holding rose from 5.44% to 15.96%, while total promoter group holding remained unchanged at 36.32%. No shares are encumbered or pledged. The purpose stated is restructuring of existing promoter shareholding.
This is a purely internal reshuffle among promoter group companies with no change in total promoter ownership (still 36.32%) or voting power, so it is neutral for retail shareholders and unlikely to move the stock price. Promoters remain well below the 50% mark and no public market buying or selling is involved.