Acquisition

Date: September 11, 2026 Scrip Code - 533520 IBULLSLTD BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, ‘Exchange Plaza’, Dalal Street, Bandra-Kurla Complex, Bandra (East) MUMBAI – 400 001 MUMBAI – 400 051 Sub: Outcome of Board meeting under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Dear Sir/Madam, In compliance of Regulation 30 and other applicable provisions of the SEBI Listing Regulations, this is to inform you that pursuant to authorisation of the Board of directors (“Board”) of Indiabulls Limited (“ the Company”), at its meeting held today i.e September 11, 2026 (which commenced at 08:30 p.m. and concluded at 08:55 p.m.), the Company has executed a definitive agreement with Fintech Cloud Private Limited, a company engaged in the business of providing technology-ena- bled solution and support for origination, underwriting and servicing to NBFCs (“Target Com- pany”), inter-alia, to acquire 70% of the issued, subscribed and paid-up equity share capital of the Target Company for a consideration of Rs. 1050,00,00,000/- (Indian Rupees One Thousand Fifty Crores) basis its equity valuation of Rs. 1500,00,00,000/- (Indian Rupees One Thousand Five Hundred Crores) by way of an NCLT Scheme involving the Company and the shareholder(s) holding 70% shares of the Target Company, and to appoint, with immediate effect, the majority of the directors on the Board of the Target Company (“Proposed Acquisition”). The requisite disclosures, in terms of Regulation 30 of Listing Regulations read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are en- closed as Annexure A. Please take the above information on record. Thanking you, Yours truly, For Indiabulls Limited (formerly Yaari Digital Integrated Services Limited) Ram Mehar Company Secretary Indiabulls Limited (formerly Yaari Digital Integrated Services Limited) Registered Office: 5th Floor, Plot No. 108, IT Park, Udyog Vihar, Phase 1, Gurgaon – 122016, Haryana | Tel/Fax: 0124 6685800 Corporate Office: One International Center (formerly IFC), Tower - 1, 4th Floor, S. B. Marg, Elphinstone (W), Mumbai – 400013, Maharashtra | Tel: 022 62498580 | Fax: 022 61899600 CIN: L64200HR2007PLC077999, Website: www.indiabulls.com, Email: support@indiabulls.com “Annexure A” Informations pursuant to Regulation 30 of Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026: a) name of the target entity, details in Fintech Cloud Private Limited is acting as Loan Ser- brief such as size, turnover etc. vice provider (LSP) for various Regulated entities (RE’s) and has earned a gross revenue of Rs. 133.77 Cr in FY 2025-26 with PBT of Rs. 30.31 Cr. b) whether the acquisition would fall The Proposed Acquisition does not fall under related within related party transaction(s) party transaction. and whether the promoter/ promoter group/ group companies have any in- Further, the promoter/ promoter group/ group compa- terest in the entity being acquired? If nies do not have any interest in the entity being ac- yes, nature of interest and details quired. thereof and whether the same is done at “arm’s length”; c) industry to which the entities being Technology Solutions acquired belong; d) objects and effects of acquisition (in- The Proposed Acquisition will enable the Company to cluding but not limited to, disclosure enter the fintech segment, through a business that pro- of reasons for acquisition of target vides technology solutions to NBFCs. entity, if its business is outside the main line of business of the listed en- tity); e) brief details of any governmental or NCLT and SEBI/Stock Exchanges approval will be re- regulatory approvals required for the quired along with other applicable regulatory / share- acquisition; holders’ approval. f) indicative time period for comple- 9 -12 months tion of the acquisition; g) consideration - whether cash consid- Consideration will be settled through issuance of upto eration or share swap or any other 21 crore fully paid-up equity shares of Indiabulls Lim- form and details of the same; ited, to the shareholder(s) holding 70% shares of the Target Company, pursuant to an NCLT approved Scheme of Amalgamation to be undertaken by Indiabulls Limited and the shareholder(s) holding 70% shares of the Target Company, subject to compli- ance with pricing regulations as per applicable regula- tions (including SEBI ICDR regulations) and other ap- plicable regulations. h) cost of acquisition and/or the price at Rs. 1,050 crore (being 70% of the equity value of the which the shares are acquired; Target Company). Indiabulls Limited (formerly Yaari Digital Integrated Services Limited) Registered Office: 5th Floor, Plot No. 108, IT Park, Udyog Vihar, Phase 1, Gurgaon – 122016, Haryana | Tel/Fax: 0124 6685800 Corporate Office: One International Center (formerly IFC), Tower - 1, 4th Floor, S. B. Marg, Elphinstone (W), Mumbai – 400013, Maharashtra | Tel: 022 62498580 | Fax: 022 61899600 CIN: L64200HR2007PLC077999, Website: www.indiabulls.com, Email: support@indiabulls.com i) percentage of shareholding / control (i) 70% stake of the Target Company to be acquired acquired and / or number of shares pursuant to an NCLT approved Scheme of Amalgam- acquired; ation involving the Company and the shareholder(s) holding 70% shares of the Target Company; and (ii) With immediate effect, the majority of directors of the Target Company shall be appointed by Indiabulls Limited. j) brief background about the entity ac- Product Line : Loan service provider (LSP) quired in terms of products/line of business acquired, date of incorpora- Date of Incorporation : January 11, 2021 tion, history of last 3 years turnover, Turnover : country in which the acquired entity has presence and any other signifi- FY 2023-24 - Nil cant information (in brief); FY 2024-25 - Nil FY 2025-26 - Rs. 133.77 Cr. approx. Acquired entity has presence in India and is doing business of providing technology solutions to regu- lated NBFC sector. Indiabulls Limited (formerly Yaari Digital Integrated Services Limited) Registered Office: 5th Floor, Plot No. 108, IT Park, Udyog Vihar, Phase 1, Gurgaon – 122016, Haryana | Tel/Fax: 0124 6685800 Corporate Office: One International Center (formerly IFC), Tower - 1, 4th Floor, S. B. Marg, Elphinstone (W), Mumbai – 400013, Maharashtra | Tel: 022 62498580 | Fax: 022 61899600 CIN: L64200HR2007PLC077999, Website: www.indiabulls.com, Email: support@indiabulls.com