BSECompany Update1d ago · 24 Sept 2026, 06:31 pm

Please find attached intimation for allotment of 51,55,00,000 convertible warrants by the Company to certain promoter group entities and non-promoter group entities, under the preferential issue in compliance of SEBI (ICDR) Regulations. For further details, please refer the attachment.

Indiabulls Ltd · 533520

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Indiabulls Ltd has issued and allotted 51,55,00,000 convertible warrants to certain promoter group entities and non-promoter group entities at an issue price of INR 19.40 per warrant, convertible into an equivalent number of fully paid-up equity shares of face value of INR 2 each.

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Indiabulls Ltd - 533520 - Announcement under Regulation 30 (LODR)-Allotment

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Date: September 24, 2026 Scrip Code – 533520 IBULLSLTD BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, “Exchange Plaza”, Dalal Street, Bandra-Kurla Complex, Bandra (E). MUMBAI – 400 001 MUMBAI – 400 051 Sub: Preferential Issue – Allotment of convertible Warrants by Indiabulls Limited ("the Company") to certain Promoter Group Entities and Non-Promoter Group Entities Ref: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Require- ments) Regulations, 2015, as amended. Dear Sir/Madam, We wish to inform you that, in furtherance to exchange intimation dated June 3, 2026 and share- holders' authorization dated July 2, 2026 and In-principle approvals received from BSE Limited and National Stock Exchange of India Limited on September 9, 2026, the Company (in the meeting of its Issuance Committee which was commenced at 06:00 P.M. and concluded at 06:20 P.M) has today i.e. September 24, 2026, issued and allotted an aggregate of 51,55,00,000 (Fifty One Crore Fifty Five Lacs) Warrants, at an Issue Price of INR 19.40 (including a premium of INR 17.40) per Warrant, convertible into an equivalent number of fully paid-up equity shares of face value of INR 2 each of the Company, to the Promoter Group entities of the Company, namely, Phanes Limited (22,52,50,000 Warrants) and Hermes Limited (14,02,50,000 Warrants) and Non-Promoter Group entities, namely, EBISU Global Opportunities Fund Limited (10,00,00,000 Warrants) and Nyaasa Global Fund VCC – Nyaasa India EM Sub Fund (5,00,00,000 Warrants). The Company has received an aggregate of INR 250,01,75,000/- (Rupees Two Hundred Fifty Crore One Lakh Seventy Five Thousand) as subscription money equivalent to 25% of the Issue Price. The allotment of these Warrants is in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended. The informations required to be furnished pursuant to Regulation 30 of SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed herewith as Annexure-1. Request you to take the same 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-1 Informations pursuant to Regulation 30 of SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026: Sr. No. Particulars of disclosures Informations 1. Type of securities proposed to be issued Warrants convertible into equivalent number of fully paid-up equity shares of Rs. 2/- each. 2. Type of issuance (further public offering, rights Preferential Allotment in terms of Chapter V of SEBI issue, depository receipts (ADR/GDR), qualified (Issue of Capital and Disclosure Requirements) Regula- institutions placement, preferential allotment tions, 2018. etc.) 3. Total number of securities proposed to be issued An aggregate of 51,55,00,000 warrants, convertible into or the total amount for which the securities will equivalent number of fully paid-up equity shares have be issued (approximately) been allotted at an issue price of INR 19.40 (including a premium of INR 17.40) each equity share (“War- rants”). 4. In case of preferential issue - additional details required to be disclosed are as under: 4(i). Name of the Investors: Sr. Name of Investors Category Number of Convertible into fully No. Warrants Al- paid up equity shares of lotted INR 2/- each 1 Phanes Limited Promoter Group 22,52,50,000 22,52,50,000 2 Hermes Limited Promoter Group 14,02,50,000 14,02,50,000 3 EBISU Global Opportu- Non-Promoter Group 10,00,00,000 10,00,00,000 nities Fund Limited 4 Nyaasa Global Fund Non-Promoter Group 5,00,00,000 5,00,00,000 VCC – Nyaasa India EM Sub Fund Total 51,55,00,000 51,55,00,000 4(ii). Post allotment of securities - outcome of the subscription (assuming full subscription): Sr. Name of Investors Category Prior to Post allotment of fully No. Subscription paid up equity shares as- suming full subscription of Warrants 1 Phanes Limited Promoter Group Nil 22,52,50,000 2 Hermes Limited Promoter Group Nil 14,02,50,000 3 EBISU Global Opportu- Non-Promoter Nil 10,00,00,000 nities Fund Limited Group 4 Nyaasa Global Fund VCC Non-Promoter Nil 5,00,00,000 – Nyaasa India EM Sub Group Fund Total Nil 51,55,00,000 4(iii). Issue price / allotted price (in Issue Price per Warrant is INR 19.40 (including premium of INR 17.40) case of convertibles) as determined in compliance with applicable SEBI Regulations. The Company has received subscription money equivalent to 25% of the Is- sue Price. 5. Number of investors 4 (Four) as per details herein above 6. In case of convertibles - intima- Upon receipt of the balance 75% of the Issue Price, in one or more tion on conversion of securities tranches, within a period of 18 months from the date of allotment of or on lapse of the tenure of the Warrants, the Warrants allotted will be convertible into equivalent no. instrument; of fully paid up equity shares of INR 2/- each. 7. Any cancellation or termination No Applicable of proposal for issuance of secu- rities including reasons thereof. 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