Disclosure under SEBI Takeover Regulations

GALAX MINERALS PRIVATE LIMITED Apm8,2026 IBULLSLTD Scrip Code - 533520 National Stock Exchange of India Limited BSE Limited Phiroze JeejeebhoY Towers, 'Exchange Plaza', Bandra-Kurla Complex, Bandra (East) Dalal Street, MUMBAI_4OO 051 MUMBAI - 4OO OOl $!:DeclarationunderRegulation3l(4)91SERl.(S.ubstantialAcquisitionofSharesand T"k ot..s) Regulationl 2011, for the Financial Year 2025-26' Dear Sirs, PursuanttoRegulation3l(4)ofSEBI(SubstantialAcquisitionofSharesandTakeovers) Regulations, 2011 ("the n"gui"tioot;1, it is hereby declaret and confirmed that we' along with persons Acting in concert eai:1, rruu" not made any, encumbrance on shares held in Indiabulls Li-G <r"..Lrv vaari oigiiJint"gtu,"a Services ii.it"o; ["the Target Company"l, directly or indirectly, during the financial year 2025-26' It may be noted that, as on March 3|,2026' aggregate holdin g of 7 6,43.,94.,1.50 fully paid-up equity ng32.88Vo;i;i; t;a piidip ira voting ihare capital) by the Promoter Group shares (representi in the Target Company, was fiee of arry encumbrance' This declaration is also simultaneously being made to the Audit committee of the Board of the i;;.;a;il;y as prescribed under Regulation 31(5)(b) of the Regulations' This is for your information and record' Thanking you Yours trulY, For Galax Minerals Pri fva fte iLim sited Copy to: The Audit Committee Indiabulls Limited Coriuty Yaari Digital Integrated Sen'ices Limited) 5thFloor, PlotNo' 108, IT Park' Udyog Vihar Phase 1, Gurugram- l22016,Haryana GALAX MINERALS PRIVATE LIMITED (CIN : U74140HR2010PTC078004 ) Registered Offrce: 2nd Fii-or, Sei' Uayog Vitrar.' Phase-V Gurugram - 122016'Haryana Email Id:,"""tJJguluonbiunoo'in ; Contact No' 0124-2970591