Indiabulls Limited filed its voluntary Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, with stock exchanges on September 3, 2026. The disclosure covers the consolidated operations of the entity and its material subsidiaries.

The report details the group's governance structures, employee metrics, and environmental data for FY26. It includes disclosures from key subsidiaries such as Dhani Loans and Services Limited, Indiabulls Asset Reconstruction Company Limited, and Indiabulls Securities Limited.

Operational Scope and Structure

Indiabulls Limited operates across multiple sectors, with real estate activities contributing 50.65% of total turnover. Equipment hiring business accounts for 33.43%, while interest income represents 15.25% of the parent entity's turnover. The consolidated reporting boundary includes subsidiaries engaged in stock broking, asset reconstruction, and non-banking financial services.

As of March 31, 2026, the group maintained a balance sheet size of more than ₹41.73 billion on a consolidated basis. The entity operates through 94 offices nationally, serving customers across 19 states. There are no international operations or export contributions reported in the filing.

Human Capital Metrics

The company employed 2,957 permanent staff at the end of FY26, comprising 77% male and 23% female employees. The workforce turnover rate for permanent employees stood at 83% for the current financial year, compared to 100% in FY25 and 100% in FY24.

Health insurance coverage extended to 15% of permanent employees, while accident insurance covered 96%. Provident Fund coverage was reported at 67% of employees, up from 58% in the previous year. The company recorded zero fatalities and zero lost-time injury frequency rates during the period.

Environmental Disclosures

Total energy consumption from non-renewable sources decreased to 3,035.98 MWh (10.92 TJ) in FY26, down from 3,100.58 MWh (11.15 TJ) in FY25. This reduction reflects a decline in both electricity consumption (2,947.53 MWh) and fuel usage (88.46 MWh).

Greenhouse gas emissions also contracted. Total Scope 1 emissions fell to 913.44 metric tonnes of CO2 equivalent from 932.87 in the prior year. Scope 2 emissions declined to 1,060.71 metric tonnes from 1,083.28. Combined Scope 1 and Scope 2 emission intensity remained stable at 0.24 per rupee of turnover.

Water withdrawal totaled 9,183 kilolitres, sourced entirely from third parties, a decrease from 9,378 kilolitres in FY25. Water discharged to third parties without treatment amounted to 6,800 kilolitres, down from 6,945 kilolitres.

Governance and Compliance

The Board of Directors comprises nine members, including five independent directors. The entity reported no fines, penalties, or settlements with regulatory authorities during FY26. Customer complaints received during the year numbered 1,813, with eight pending resolution at year-end, a significant reduction from 27 pending cases in FY25.

CSR contributions by applicable subsidiaries aggregated to ₹56.31 crore for FY26. The standalone turnover of the parent entity was ₹116.08 crore, with a net worth of ₹6,346.84 crore as per standalone financial statements.

Indiabulls Limited will hold its 19th Annual General Meeting on Monday, September 28, 2026 at 11:00 am IST via Video Conferencing or Other Audio-Visual Means, with four resolutions on the agenda including director re-appointment and a remuneration increase for its Executive Chairman.

The company dispatched the AGM notice and Annual Report for FY2025-26 electronically to members whose email IDs are registered with the company, KFin Technologies Limited, or Depository Participants. Members without registered email addresses received a letter providing the web-link and exact path to access the Annual Report. The meeting complies with applicable MCA and SEBI circulars permitting virtual AGMs.

Key Dates and Voting Details

The following table summarises the key dates governing member eligibility and e-voting for the 19th AGM.

Members whose names appear in the Register of Members or list of Beneficial Owners as on September 21, 2026 are entitled to vote on the resolutions. E-voting is facilitated through KFin Technologies Limited. A member can opt for only one mode of voting; votes cast through remote e-voting shall prevail over votes cast at the AGM.

Mr. Raj Kumar (Membership No. 501863) of M/s. AMRK & Associates, Practicing Chartered Accountant, Gurugram, has been appointed as Scrutinizer to oversee the e-voting process.

AGM Agenda

The 19th AGM carries the following ordinary and special business items.

Financial Performance Backdrop

The AGM follows a year of significant financial recovery for Indiabulls. The company reported consolidated revenue of ₹880.78 crore for FY2025-26, compared with ₹539.95 crore in FY2024-25. Consolidated Profit After Tax stood at ₹346.13 crore against a loss of ₹272.73 crore in the prior year.

In Q4 FY2026 alone, the company registered total income of ₹418.39 crore and PAT of ₹194.26 crore. The board cited Mr. Gurbans Singh's stewardship of this turnaround as a key rationale for the proposed remuneration increase under Item No. 3.

Corporate Information

Indiabulls Limited, formerly known as Yaari Digital Integrated Services Limited, operates its registered office at 5th Floor, Plot No. 108, IT Park, Udyog Vihar, Phase 1, Gurugram – 122016, Haryana. Its corporate office is located in Mumbai. The company's registrar and share transfer agent is KFin Technologies Limited, Hyderabad. The AGM notice and Annual Report for FY2025-26 are also available on the company's website at www.indiabulls.com and on the websites of BSE Limited and National Stock Exchange of India Limited.