Sameer Gehlaut Group Increases Stake in Indiabulls Limited to 32.84% Following Merger
The Sameer Gehlaut group has increased its stake in Indiabulls Limited from 27.46% to 32.84% following a merger scheme. The merger involved Dhani Services Limited and Indiabulls Enterprises Limited with Indiabulls Limited, approved by the National Company Law Tribunal. The company's share capital expanded from Rs. 20.09 crore to Rs. 464.88 crore, with the number of shares increasing from 10.04 crore to 232.44 crore. The increased stake is held across multiple entities within the Sameer Gehlaut group, including personal holdings and various private limited companies.

*this image is generated using AI for illustrative purposes only.
The Sameer Gehlaut group has significantly increased its stake in Indiabulls Limited (formerly Yaari Digital Integrated Services Limited) following a merger scheme. The group's combined shareholding has risen from 27.46% to 32.84%, marking a notable change in the company's ownership structure.
Key Details of the Stake Increase
The increase in shareholding occurred through the allotment of equity shares on November 4, 2025, as part of a merger involving Dhani Services Limited and Indiabulls Enterprises Limited with Indiabulls Limited. This merger scheme was approved by the National Company Law Tribunal on August 29, 2025, and became effective on October 14, 2025.
Impact on Share Capital
The merger has substantially impacted Indiabulls Limited's share capital structure:
| Aspect | Pre-Merger | Post-Merger |
|---|---|---|
| Share Capital | Rs. 20.09 crore | Rs. 464.88 crore |
| Number of Shares | 10.04 crore | 232.44 crore |
| Face Value | Rs. 2 each | Rs. 2 each |
Breakdown of Shareholding
The Sameer Gehlaut group's increased stake is held across multiple entities:
| Entity | Shareholding |
|---|---|
| Sameer Gehlaut | Personal holding |
| Karanbhumi Estates Private Limited | 0.43% |
| Kritikka Infrastructure Private Limited | 1.15% |
| 11 other associated private limited companies | Acting in concert |
Regulatory Compliance
In compliance with regulatory requirements, disclosures were made to the BSE Limited and the National Stock Exchange of India Limited under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Market Implications
This significant increase in promoter group shareholding may have implications for the company's governance and future strategic decisions. Investors and market analysts will likely be watching closely to see how this change in ownership structure might influence Indiabulls Limited's business direction and performance in the coming months.
































