Indiabulls approves ₹1,000.07 crore preferential warrant issue

1 min read Updated on 03 Jun 2026, 05:54 PM

Reviewed by

Jubin VScanX News Team

AI Summary

Indiabulls Limited's Board approved raising ₹1,000.07 crore through the preferential issue of 51.55 crore convertible warrants at ₹19.40 each. The warrants will be allotted to Phanes Limited, Hermes Limited, EBISU Global Opportunities Fund Limited, and Nyaasa Global Fund VCC – Nyaasa India EM Sub Fund. The company scheduled an EGM on July 2, 2026, for shareholder approval, with warrants convertible into equity shares within 18 months of allotment.

*this image is generated using AI for illustrative purposes only.

Indiabulls Limited has approved a fundraising plan worth ₹1,000.07 crore through the preferential allotment of 51.55 crore warrants, priced at ₹19.40 each. The decision was taken at the Board meeting held on June 3, 2026, to raise funds for the company. The warrants will be issued to Promoter Group Entities and Non-Promoter Group entities, including Phanes Limited, Hermes Limited, EBISU Global Opportunities Fund Limited, and Nyaasa Global Fund VCC – Nyaasa India EM Sub Fund.

Fundraising Details

The approved fundraising involves the issuance of convertible warrants, which will convert into fully paid-up equity shares. The issue price of ₹19.40 includes a premium of ₹17.40 per share. The allotment is subject to shareholder approval, for which the Board has convened an Extra-ordinary General Meeting (EGM) on July 2, 2026, via video conferencing.

Investor	Category	Warrants Allotted
Phanes Limited	Promoter Group	22,52,50,000
Hermes Limited	Promoter Group	14,02,50,000
EBISU Global Opportunities Fund Limited	Non-Promoter Group	10,00,00,000
Nyaasa Global Fund VCC – Nyaasa India EM Sub Fund	Non-Promoter Group	5,00,00,000
Total	Total	51,55,00,000

Conversion and Compliance

Each warrant is convertible into one fully paid-up equity share. The conversion may be exercised in one or more tranches within a period of 18 months from the date of allotment. The preferential issue is being conducted in accordance with the provisions of the Companies Act, 2013, and Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The company has also closed its trading window in compliance with SEBI (Prohibition of Insider Trading) Regulations.

Historical Stock Returns for Indiabulls

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.99%	+12.90%	+43.69%	+57.33%	+48.35%	-70.82%

How will the company utilize the ₹1,000 crore capital infusion to drive future growth?

What impact will the significant promoter stake increase have on Indiabulls' corporate governance?

How might the conversion of warrants into equity shares affect the stock's earnings per share?

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Indiabulls to meet investors on May 28 in Mumbai

0 min read Updated on 20 May 2026, 04:41 AM

Reviewed by

Riya DScanX News Team

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Indiabulls Limited will hold a group meeting with analysts and investors on May 28, 2026, in Mumbai. The meeting will cover publicly available information, and no unpublished price-sensitive details will be disclosed.

*this image is generated using AI for illustrative purposes only.

Indiabulls Limited has announced that its representatives will interact with analysts and investors on May 28, 2026. The meeting is scheduled under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The interaction will be held in Mumbai and will include both 1x1 and group meetings. The discussion will be based solely on publicly available information, and the company confirmed that no unpublished price-sensitive information will be shared during the session.

The meeting details are outlined in the table below:

Date	Particulars of Investors	Particulars of Event	Location /Venue	Mode
28 May 2026	B&K Securities Trinity India Conference	1x1 and Group Meeting	Mumbai	Physical Meeting

The company noted that the investor meetings are subject to last-minute changes due to exigencies on the part of the investors or the company. Shareholders and market participants are advised to take note of the scheduled interaction.

Historical Stock Returns for Indiabulls

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.99%	+12.90%	+43.69%	+57.33%	+48.35%	-70.82%

What key strategic initiatives or financial performance updates is Indiabulls Limited likely to highlight to investors at the B&K Securities Trinity India Conference?

How might investor sentiment toward Indiabulls Limited shift following the May 2026 analyst meetings, given the company's recent financial trajectory?

Could increased institutional engagement through conferences like this signal a broader effort by Indiabulls to rebuild investor confidence or attract new capital?