Corrigendum

Date: June 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 (East) MUMBAI – 400 001 MUMBAI – 400 051 Sub: Corrigendum to the Notice of Extraordinary General Meeting scheduled to be held on Thursday, July 2, 2026 at 11:30 A.M (IST) through video conferencing / other audio-visual means (VC/OAVM) Dear Sir/Ma’am, In continuation of earlier letter dated June 10, 2026 and Notice dated June 10, 2026, convening an Extraordinary General Meeting of Indiabulls Limited (formerly Yaari Digital Integrated Services Limited) (“the Company”), which is scheduled to be held on July 2, 2026 at 11:30 A.M (IST) through VC/OAVM (“EGM Notice”), please find enclosed a corrigendum to the EGM Notice (“Corrigendum”) which has been sent through e-mail, to all those shareholders of the Company to whom EGM Notice was sent on June 10, 2026, on their registered email IDs and is being published in Financial Express (English) and Jansatta (Hindi) and will also be made available on the website of the Company www.indiabulls.com. The Corrigendum forms an integral part of the EGM Notice, which was circulated to the shareholders of Company on June 10, 2026 and the EGM Notice will always be read in conjunction with the Cor- rigendum. All other contents of the EGM Notice, save and except as set out in the Corrigendum, remain effec- tive and unmodified. This is for your information and records. 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 Indiabulls Limited (formerly Yaari Digital Integrated Services Limited) CIN: L64200HR2007PLC077999 Registered Office: 5th Floor, Plot No. 108, IT Park, Udyog Vihar, Phase 1, Gurgaon – 122016, Haryana Website: www.indiabulls.com, Email: support@indiabulls.com, Tel: 0124-6685800 “CORRIGENDUM TO EGM NOTICE DATED JUNE 10, 2026” This corrigendum/addendum/erratum (“Corrigendum”) is being issued, in connection with notice dated June 10, 2026 issued by Indiabulls Limited (formerly Yaari Digital Integrated Services Limited) (the “Company”) for convening the Extraordinary General Meeting (“EGM”) of the members of the Company on Thursday, July 2, 2026 at 11:30 A.M through video conferencing (VC) / other audio-visual means (OAVM) (“EGM Notice”), to consider the preferential issue of convertible warrants to Promoter Group Entities of the Company and Non-Promoter Group Entities, to further update and provide certain information/clarification to the shareholders of the Company, in addition to the one mentioned in the EGM Notice. Capitalized terms used but not defined herein have the meanings ascribed to such terms under the said EGM Notice. 1. With reference to Pre-Issue shareholding of the Company as mentioned at Clause VIII of Explanatory Statement at page no. 14 of EGM Notice, detailed calculation be read as under: Particulars No. of fully paid-up equity shares Paid-up share capital as on March 31, 2026 appearing in the records 232,43,82,138 of NSE and BSE No. of fully paid-up equity shares allotted on June 8, 2026, upon 51,61,464 exercise of Employee Stock Options (ESOPs), which are under the process of listing and trading. Total Pre- Issue shareholding as mentioned in the EGM Notice 232,95,43,602 2. With reference to 2,18,29,500 outstanding Employee Stock Options (ESOPs) as on June 10, 2026, appearing at page no. 2, 12 and 16 of the EGM Notice, detailed calculation be read as under: Particulars No. of outstanding Employee Stock Options Outstanding ESOPs as on March 31, 2026 appearing in the records 2,69,90,964 of NSE and BSE No. of fully paid-up equity shares allotted on June 8, 2026, upon 51,61,464 exercise of Employee Stock Options (ESOPs), which are under the process of listing and trading. Balance outstanding ESOPs as on June 10, 2026 as mentioned 2,18,29,500 in the EGM Notice Page 1 3. “Objects of the Issue” mentioned at Clause I of Explanatory Statement to the said EGM Notice be substituted and read as under: I. Objects of the Issue: S. Objects Estimated Amount* Estimated timeline for No. utilization* 1. Funding growth plans Real Estate Within 18 months of of the subsidiary(ies). Business INR 400,00,00,000 receipt of issue proceeds. NBFC Business 2. Working capital INR 400,00,00,000 Within 18 months of requirements of the receipt of issue proceeds. Company. 3 Working capital Real Estate Within 18 months of requirements of Business receipt of issue proceeds. the subsidiary(ies). NBFC Business INR 150,00,00,000 ARC Business Stock Broking Business 4. General Corporate INR 50,07,00,000 Within 18 months of purposes receipt of issue proceeds. Total Issue Proceeds INR 1000,07,00,000 Within 18 months of receipt of issue proceeds. * Assuming full subscription and conversion of 100% of the Warrants, proposed to be issued, into an equivalent number of fully paid-up equity shares of Rs. 2/- each (i.e. 51,55,00,000 equity shares). Indiabulls Limited, together with its subsidiaries, operates a diversified business portfolio across multiple sectors, including Real Estate, NBFC (Non-Banking Financial Company), Asset Reconstruction (ARC), and Stock Broking, among others. Reasons for Not Earmarking Fixed Segment-wise Allocations:  Tranche-based receipt of funds: The proceeds from the preferential issue will be received upon allotment of warrants and conversion of warrants over a period of up to 18 months from the date of allotment of warrants. As the funds will be received in multiple tranches rather than as a single lump sum, their deployment will necessarily be in a phased manner.  Dynamic capital requirements: The capital requirements of the Company’s business verticals may vary based on market conditions, regulatory developments, project milestones and other growth opportunities available at the relevant point of time.  Optimal capital allocation: Fixing rigid, pre-determined allocations at this stage could result in inefficient deployment of issue proceeds including situations where funds remain underutilized in one segment while another segment requires capital to pursue an immediate available business opportunity. Accordingly, in order to safeguard investors’ and all other stakeholders’ interests and to maximise operational efficiency, the actual utilisation of proceeds within the aforesaid broad categories will be determined dynamically. Hence, the Company will allocate the funds based on the specific business opportunities and funding requirements prevailing as and when the issue proceeds are received. In terms of the NSE Circular No. NSE/CML/2022/56 dated December 13, 2022 and the BSE Circular No. 20221213-47 dated December 13, 2022, the amount specified for the above Objects may deviate +/- 10% (such deviation, the “Permitted Deviation”) depending upon the future circumstances, given that the objects are based on management estimates and other factors, including financial, market and sectoral conditions, business performance and strategy, competition and other external factors, which may not be within the control of the Company and may result in modifications to the proposed schedule for utilization of the Issue proceeds at the discretions of the Board, subject to compliance with applicable law. The funds used for general corporate purposes shall not exceed 25% of the Issue proceeds. Page 2 If the Issue proceeds are not utilized (in full or in part) during the period stated above [Showing first 8,000 characters — download PDF for full document]