Disclosure under SEBI Takeover Regulations

ZWINA INFRASTRUCTURE PRIVATE LIMITED Apil8,2026 Scrip Code - 533520 IBULLSLTD BSE Linited National Stock Exchange of India Limited Phiroze Jeej eebhoy Towers, 'Exchange Plaza', Dalal Street, Bandra-Kurla Complex, Bandra (East) MUMBAI - 4OO OOI MUMBAI_4OO O5I $!: Declaration under Regulation 31(4) of SEBI (Substantial Acquisition of shares and Takeovers) Regulations, 2011, for the FinancialYeat 2025'26. Dear Sirs. Pursuant to Regulation 3l(4) of sEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 20ll fthe Regulations"), it is hereby declared and confirmed that we, along wiiir persons Acting in Concert (PAC), have not made any encumbrance on shares held in Indiabulls Limited (formerly Yaari Digital Integrated Services Limited) ["the Target Company"f, directly or indirectly, during the financial yeat 2025-26' It may be noted that, as on March 31,2026, aggtegate holding of 76,43,94,150 fully paid-up equity shares (representing 32.88% of the total paid-up and voting share capital) by the Piomoter Group in the Target Company, was free of any 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, F(o-r Z)w\i na Infrastructurelrivale Limited <---i I Rdvinder Authorised PignatoIY Copy to: The Audit Committee Indiabulls Limited (ormerly Yaari Digital Integrated Semices Limited) 5th Floor, PlotNo. 108, IT Park, Udyog Vihar Phase 1, Gurugram- 122016, Haryana ZWINA INFRASTRUCTURE PRIVATE LIMITED ICIN: U70 I 09HR20l 6PTC0791 56) Registered office: 2nd Floor' 591, Udyog Vihar, Phase-V, Gurugram-122016' Haryana Email id: secretarialgurgaon@yahoo'in; Contact no' 0124-2970591