Disclosure under SEBI Takeover Regulations

VALERIAN REAL ESTATE PRIVATE LIMITED April 8,2026 IBIjLLSLTD Scrip Code - 533520 BSE Limited National Stock Exchange of India Limited Phiroze JeejeebhoY Towers, 'Exchange Plaza', Bandra'Kurla Complex, Bandra (East) Dalal Street, MUMBAI _ 4OO OO1 MUMBAI -4OO 051 $q!: Declaration under Regu|ation 31(4) of SEBI. (Substantial Acquisition of Shares and T-akeovers) Regulations, 2011, for the Financial Yea;r 2025-26' Dear Sirs. pursuant to Regulation 3l(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations' )dii1;;;o; neiutations'1, it is hereby'declared and confrrmed that we, along with Persons Acting in ion."n tpacll ftave not made any encu-brance on shares-held in Indiabulls Limited (formerly Yaari oGii"i rtit"gril,a Services Limitedj ["the Target Company"], directly or indirectly, during the financial year 2025-26. Itmaybenotedthat,asonMarch3|,2026,uggregateholdingof76,43,94,l50fullypaid.upequityshares [."p."."nting 32.886/o of the totui puia-"p -Iioting share capital) by the Promoter Group in the Target Company, was free ofany encumbrance' This declaration is also simultaneously being made to the Audit committee of the Board of the Target Company as prescribed under Regulation 31(5)(b) of the Regulations' This is for your information and record. Thanking you Yours truly, For Valerian Real ELstate Ravinder Authorised Signatory Copy to: The Audit Committee Indiabulls Limited iioo^rrty Iaari Digital Integrated Sewices Limited) 5th Floor, Plot No. 108, lT Parh Udyog Vihar Phase l, Gurugam-122016' Haryana Valerian Real Estate Private Limited (CN: U701 0 I HR20l 0FrC078788) Registered Office: 2nd Floor, Sli, UOyog Vihar' Phase-V' lndustrial Complex Dunclahera" uurgaon- 122016, Haryan4 India Contact No: 0124-297 059I Email: secretarialgurgaon@yahoo'in;