Updates

Date: August 19, 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.: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, 1. Update on hearing in PIL against Promoter The proceedings against the promoter of the company arise from a Public Interest Litigation filed in 2019 by Citizens Whistle Blower Forum before the Hon'ble Delhi High Court, alleging irregularities in lending by the erstwhile Indiabulls Housing Finance Limited (now Sammaan Capital Limited referred to as the Company) to five borrower groups and alleging quid pro quo with the then promoter. By judgment dated 02.02.2024 in Citizens Whistle Blower Forum v. Union of India, a Division Bench of the Hon'ble Delhi High Court dismissed the petition, holding the allegations to be unsubstantiated by any evidence and finding no merit; pending applications were disposed of as infructuous. The petitioner thereafter preferred Special Leave Petition (Civil) No. 2993 of 2025 before the Hon'ble Supreme Court of India. In connection therewith, FIR No. 175/25 dated 15.12.2025 was registered at PS Economic Offences Wing, Delhi, under Sections 420/406/120-B IPC on the complaint of the Directorate of Enforcement. 2. Status Report of the Economic Offences Wing dated 11.08.2026 Pursuant to the order of the Hon'ble Supreme Court dated 28.07.2026, the Additional Commissioner of Police, Economic Offences Wing, Delhi, has filed a Status Report dated 11.08.2026 recording the following. 3. All loans repaid in full, with interest Verified by certificate dated 11.12.2025 of M/s N.D. Kapur & Co., Chartered Accountants (FRN: 001196N), and traced to credits in the Company's bank accounts: 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 Group Loans Sanctioned (₹ cr) Gross Collection (₹ cr) Status DLF 67 2,212.65 2,731.58 Closed Vatika 113 2,832.21 4,291.36 Closed Americorp 04 154.50 166.28 Closed Chordia 06 1,490.00 2,130.92 Closed Reliance ADAG 07 1,574.00 1,753.63 Closed Total 197 8,267.86 11,073.77 All Closed All 197 loan accounts stand fully repaid and closed. Collections exceeded the amount sanctioned in every group, the Company having realised interest in excess of ₹2,800 crore in interest and fees over the loan tenures. 4. Findings on the quid pro quo allegations — DLF, Vatika, Chordia and Americorp groups In respect of these four groups, the Status Report records that no financial loss was caused to the Company; that loan disbursements and repayments in the Company's books were duly reflected in its bank accounts, confirming the genuineness of the transactions; and that examinations by SEBI, including its Investigation Department and forensic accounting wing, together with the National Housing Bank Special Audit, did not reveal diversion or abnormal retention of loan funds. On the alleged quid pro quo, the Status Report records that the investments said to have been made into entities associated with the erstwhile promoter were in each case made before the relevant borrowings from the Company — by periods ranging from seventeen months to over two years — negating the allegation that loan funds were used to make them, and that no financial trail or documentary evidence was found linking funds borrowed from the Company to those entities. Where the allegation concerned a payment of professional fees, the Status Report records that it was supported by a tax invoice, banking records, ledger entries and audited financial statements, that the recipient is a listed company, and that SEBI observed the payment could not be concluded to have been made for the personal benefit of the promoter. The investments made by the Americorp entities, both NBFCs registered with the Reserve Bank of India, were fully redeemed and returned by FY 2018–19, with no outstanding investment remaining. 5. Reliance ADA Group All 7 loans aggregating ₹1,574 crore stand fully repaid and closed. The investigation qua this group is recorded as ongoing. 6. Yes Bank A premise of the petition is an alleged nexus between the Company and the Yes Bank matter. 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 The Central Bureau of Investigation has since filed an application before the Ld. Special Judge (PMLA), Mumbai, seeking permission to conduct further investigation in RC 2192020E0004. The said application is recorded as pending. The Central Bureau of Investigation addressed this matter on affidavit earlier before the Hon'ble Supreme Court by Short Affidavit on 30.07.2025 and submitted: "That there is a mention of two cases of Central Bureau of Investigation viz. RC BA12020A0004 and RC 2192020E0004 against Sh. Rana Kapoor and others, in the petition which are allegedly linked with the allegations leveled in the petition. The investigation in both the cases is complete and final charge sheets have been filed before the Courts of competent jurisdiction. These cases were related to offences committed by the promoters of M/s Yes Bank Ltd. and there was no direct allegation with regard to diversion/siphoning off funds by M/s Indiabulls Housing Finance Ltd. or its earlier promoters." 7. Governance The loans in question were sanctioned in the ordinary course of business by the Credit Committee of the Company comprising of Company executives, chaired by the Chief Executive Officer. It is a matter of record that Mr. Sameer Gehlaut, during his tenure as Chairman, was not a member of the Credit Committee and had no role in loans sanction or approval. He ceased to be a promoter of the Company in 2023. 8. Impact and next steps Indiabulls Ltd is not involved in the PIL. The Hon'ble Supreme Court is expected to take up the status of the remaining points on the next date of hearing. The Exchanges will be updated as required under Regulation 30. Please take the aforesaid intimation on record. Thanking you, Yours truly, For Indiabulls Limited (formerly Yaari Digital Integrated Services Limited) Digitally signed by Ram Ram MeharM Dae th ea 2 026.08.19 08:56:13 +05'30' Ram Mehar Company Secretary Encl: Status Report of EOW, Delhi Police 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 N.VISAKAMURTHY 11/08/2026