BSEBoard Meeting1d ago · 23 Jul 2026, 07:31 pm
Please find attached Outcome of Board Meeting held on July 23, 2026.
Indiabulls Ltd · 533520
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Indiabulls Ltd has announced the outcome of its board meeting held on July 23, 2026, where it approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The results along with Limited Review Reports have been enclosed and will be uploaded on the company's website.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment6/10
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Indiabulls Ltd - 533520 - Board Meeting Outcome for Outcome Of Board Meeting Of Indiabulls Limited ('The Company') Held On July 23, 2026
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July 23, 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 of Indiabulls Limited (‘the Company’) held on July 23, 2026
Dear Sir/Madam,
We wish to inform you that the Board of Directors of the Company (‘Board’) at its meeting held
today i.e. July 23, 2026 (which was commenced at 6:30 P.M. and concluded at 7:15 P.M.), has, inter-
alia, approved the unaudited standalone and consolidated financial results of the Company, for the
quarter ended June 30, 2026, in terms of Regulation 33 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (‘SEBI LODR Regulations’).
The said results along with Limited Review Reports dated July 23, 2026, issued by M/s. G A R U D
& Associates (formerly M/s. Raj Girikshit & Associates), Chartered Accountants, Statutory Auditors
of the Company are enclosed.
The aforesaid documents are also being uploaded on the website of the Company i.e.
www.indiabulls.com. The said results will also be published in the newspapers, in the format
prescribed under Regulation 47 of SEBI LODR Regulations.
The Board also noted NSE & BSE letters dated February 27, 2026 and May 27, 2026 observing
delayed compliance by the Company under Regulation 17(1A) of SEBI LODR Regulations, which
has been made good by the Company in compliance with SEBI Master Circular dated January 30,
2026.
Please take the aforesaid intimation on record.
Thanking you,
Yours truly,
For Indiabulls Limited
(formerly Yaari Digital Integrated Services Limited)
Ram Mehar
Company Secretary
Encl: as above
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
Associates
C H A R T E R E D A C C O U N T A N T S
Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial
Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015 (as amended)
Review Report to the Board of Directors of Indiabulls Limited {fonnerly Yaa1i Digital
Intq:rnted Services Limited)
I. \\ l' h:l\·l' re\'icwcd t lie accompanying statement of unaudited consolidated financial n.:sults
('the Statement') of fndiabulls Limited (/omm!J )'aari Dz~ilal illtegraled Ser/Jices LilllilN~ ('the
11oliling Company'), its subsidiaries and trusts (the Holding Company, its subsidiaries, and its
trn~b lt>gether referred tn as 'the Group') for the quarter ended 30 June 2026, being submitted
h: , lw I lolding- Comp:11w pursuant to the requirement of Regulation 33 of the SLBI (Listing
( )bligatiom and Disclosure Requirements) Regulations, 2015 (as amended), including relevant
circulars issued by the SEBl from rime t:o time.
The Statement, which is the responsibility of the IIolding Company's management and
appron-d by the Holding Company's Board of Directors, has been prepared in aecordancc
with the n:cognition and measurement principles laid down in Indian :\.ccounting Standard
J I, lnrerim h mncial Reporting ('Tn d . \S 34'), prescribed under section 133 of the Companies
. \l·t. 2013 ('the . \ct'), read with rdc\'ant rules issued thereunder and other accounting
pn11cipks generally :iccepted in lndia. Our responsibility is to express a conclusion on the
S1:11nm·nr based on our re,,iew.
\\ v c, >llductl'd our rl·,·ic\\' of the Statement in accordance with the Standard on .Rn·iew
I ·'.11gagemcnt (SRE) 2·-1-10, Review of Interim Financial Information Performed bv the
In dq"ll'ndcnt , \ uilitor of the Entity, issued by the Institute of Chartered , \ccountants of India .
. \ rn·icw of inrerirn financial information consists of making inquiries, primarily of perrnns
rl·,;ponsibk for financial and accounting- m.atters, and applying analvrieal and other re\'ic,\·
procedures. , \ rc,,ie,v is substantially less in scope than an audit conducted in accordance with
tlw S1:mdar<ls on .-\uditing specified under section 143(10) of the ,\ct, and conseljuently, docs
1101 cn:1blc us to obtain assurance that we would become aware of all significant rnatters that
might be identified in an audit. Accordingly, we do not express an audit opinion.
\\ c also performed procedures in accordance with the circular issued by the SEBI under
Rcgubtion 33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Rcgularion~
2111.'i (:t,; amended), tu l he extent applicable.
Guardian In financial matters \. 0ll-43045353
Accountable to commitment
■ info@garudassociates.in
Robust solutions
Q 112A. First Floor, Surya
Uniformity In deliverables
Kiron Building, KG Marg.
Disciplined in all we do New Delhi - 110001
In<lepeudent Auditor's Review Report on Consolidated Unaudited Quarterly Financial
Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (as amended) (Cont'd)
0I. The Statement inch..1c.ks the results of tbc following entities:
List of entities:
I ndiabulls Rum] hnance Private Limited, lndiabulls Pharmacare Limited, Indiabulb
Condominiums Limited (Jort11er61 /lirmid ,·11'iation Services Limited), Indiabulls Securities Limited
(/nmm(J' D/Ja11i Storks Limited), Indiabuils Urbanrcsidency Limited (Jnrr11er61 !ndiab11//s 11111est111e11!
••l d,·i.rors Limited), ln<liabulls Nests Limited (former(y Indiabulls Distn·bution Services Limiled), Dhani
l .oan~ and Services Limited, Indiabulls Cityheights Limited (jormer(y D/Ja11i Healthcare Limited),
1n diabulls . \sset Reconst.J.uction Company Limited, Indiab ulls Alternate Investments Limited,
lndiabulls l1rbanheights Limited (for1J1erly n,,i11os B11i!dJ1Jel! Limited), Indiabulls Residency Limited
(/nmw!r Kmthis B11ild@1 Ll111itu~, Indiabulls Township Limited (fom1er(y Krathis Del'e!opers Limited),
Transt·n- Limited, Euler Systems Inc, Dhani Limited Oersey), Dhani Limited (UK), lndiabulls
.\H.C-:\XVIII Trust, Indiabulls 1\RC-XXIX Trust, Indiabulls ARC-XXX Trust, Indiabulls 1\RC
X\:Xll Trust, lndialmlls ARC-XXXIII Trust, Indiabulls ARC-LTIIV Trust, Indiabulls ARC
:\:\\:\' Trust, Surya hnplnycc \\''cl fare Trus1 and lldaan Employees \'{'cifarc Trust.
.S. B:1:-ecl on our re,·ic,\· conducted and proc<.:<lures performed as stated in paragraph 3 above,
nothing has come to our attention that causes us to believe that the accompanying Statement,
prepared in accordance with recognition and measurement principles laid down in Incl J\S 34,
prescribed under S<.:ction 133 of the . \ct, read with relevant ruks issued thereun<l<.:r an<l other
accounting principles generally accepted in India, has not disclosed the infonnation relJuired
tu be disclosed in accordance with the rel1uirements of Regulation 33 of the SEBI (Listing
Obligations an<l Disclosnrc Rel1uiremcnts) Regulations, 2015 (as amended), including the
111:11llllT in which it is to be disclosed, or that it contains any material misstatement.
Emphasis of Matters
Ci. \\'c draw attention to note 12 to the accompanying Statement in respect of the liabilities
\\Tit trn back by the I folding Company which has been shown under other income. Our
opinic,n is not modified in respect of this matter.
7 \\ l' dr:1\\' attention 10 note 4 to the accompanying Statement in respect of the Composite
Sclicnw of 1\rrangcment ('Scheme') approved by the National Company Law Tribunal vidc its
order date<l 29 ,\ugust 2025, amongst the I lolding Company, Dhani Services Limited,
l11diabulb Enterpris<.:s Lirn.ited, Savren Medicare Limited, Auxesia Soft Solutions Limited,
(; v:insagar Build tech ,im.itcd, Pushpa
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