The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Inuus Developers Pvt Ltd & PACs
Awaiting price reaction for this filing.
Indiabulls Enterprises Ltd's promoter group entities carried out an internal restructuring on May 9, 2025, transferring an aggregate of 2,16,00,000 equity shares (10.88% of total capital) among themselves via off-market inter-se transfer. Four PACs — Calleis Constructions, Calleis Real Estate, Calleis Properties, and Powerscreen Media (each transferring 54,00,000 shares / 2.72%) — moved shares to Inuus Developers Pvt Ltd (1,08,00,000 shares / 5.44%) and Valerian Real Estate Pvt Ltd (1,08,00,000 shares / 5.44%). The total promoter group holding remains unchanged at 7,20,28,726 shares (36.32%), so this is purely a reshuffle within the promoter group with no change in combined ownership or voting power.
No material impact on shareholders — the promoter group's overall stake stays at 36.32%, so there is no change in control, no change in float, and no price impact expected. This is a routine internal reorganisation.