Indiabulls Limited, formerly known as Yaari Digital Integrated Services Limited, has taken a significant step following the approval of its Scheme of Arrangement by the Hon’ble National Company Law Tribunal (NCLT), Chandigarh Bench. On November 4, 2025, the company announced the issuance of 222,39,39,879 fully paid-up equity shares with a face value of Rs. 2 each. This issuance follows earlier notifications dated October 14 and October 17, 2025, and is directed towards shareholders of Dhani Services Limited, Indiabulls Enterprises Limited, and India Land Hotels Mumbai Private Limited, as per the approved share exchange ratio.
The allotment of these shares marks a substantial increase in Indiabulls Limited's paid-up equity share capital, which now stands at Rs. 464,87,64,276. After this transaction, the company’s total equity shares have increased to 232,43,82,138. This move not only reflects the company's strategic restructuring but also reinforces its financial foundation as it expands its shareholder base. These new equity shares will rank pari-passu with existing shares, indicating that they will have equal rights in terms of dividends and voting.
Indiabulls Limited plans to list these newly allocated shares on both the National Stock Exchange of India and BSE Limited, ensuring that they are accessible for trading. This move is anticipated to bolster investor confidence and liquidity in the market. As the company continues to align itself with regulatory requirements, it remains committed to enhancing its operational efficiency and shareholder value in the evolving financial landscape.