Yaari Digital Integrated Services Limited , formerly known as Indiabulls Limited, has announced a significant corporate action that has substantially increased its equity base. The company has completed the allotment of over 222 crore equity shares as part of a Scheme of Arrangement approved by the National Company Law Tribunal (NCLT), Chandigarh Bench.

Key Details of the Share Allotment

Impact on Share Capital

The massive share allotment has led to a substantial increase in the company's paid-up equity share capital:

Beneficiaries and Listing

The newly issued shares have been allotted to shareholders of three entities:

1. Dhani Services Limited (Amalgamating Company 1)
2. Indiabulls Enterprises Limited (Amalgamating Company 2)
3. India Land Hotels Mumbai Private Limited (Demerged Company)

These shares will rank pari-passu with the existing equity shares of Yaari Digital Integrated Services Limited and are proposed to be listed on both the National Stock Exchange of India Limited (NSE) and BSE Limited.

Implications and Outlook

This significant corporate action marks a major restructuring for Yaari Digital Integrated Services Limited. The substantial increase in the equity base could potentially impact the company's financial ratios and market dynamics. Investors and market watchers will likely be keen to observe how this expanded equity structure influences the company's future performance and market valuation.

It's important to note that while this share allotment represents a significant change in the company's capital structure, its full impact on the company's operations, financials, and market position will unfold over time. Shareholders and potential investors should closely monitor future announcements and financial reports from Yaari Digital Integrated Services Limited to better understand the implications of this corporate action.

Yaari Digital Integrated Services , now known as Indiabulls Limited following the merger with Dhani Services Limited and Indiabulls Enterprises, has announced its financial results for the second quarter of fiscal year 2026, marking its first consolidated performance post-merger.

Financial Highlights

The company reported a robust financial performance for Q2 FY26:

Merger Update

The Scheme of Amalgamation, approved by the Hon'ble National Company Law Tribunal (NCLT), has led to the formation of Indiabulls Limited. Key points to note:

• The merger became effective on October 14, 2025, with the appointed date of April 1, 2023.
• Indiabulls Limited is now debt-free, with no outstanding loans or NCDs.
• Promoters have increased their stake to 32.8% in the merged entity by converting warrants amounting to ₹406 crore at ₹90.30 per share during Q2 FY26.

Business Verticals

Indiabulls Limited operates in two main business verticals:

1. Real Estate
2. Financial Services

Real Estate Segment

The company has a strong pipeline of real estate projects:

• Ongoing projects include Indiabulls Estate & Club (Phase 1) and Indiabulls Heights in Gurugram.
• Future projects in various stages of development across Gurugram, Mumbai, and other locations.
• The company has achieved sales of over ₹2,000 crore till September 30, 2025, and expects total sales close to ₹3,400 crore in the current financial year.

Financial Services Segment

Small & Medium Business (SMB) Platform

• Indiabulls Ltd. owns a 16.4% stake in Spring Cash LLC, USA, an AI-powered lending solutions platform for SMBs.
• Plans to introduce this platform to the Indian SME sector in partnership with Indiabulls' NBFC.

Equipment Leasing Business

• Serves over 90 clients, including major corporations like Larsen & Toubro, Tata Projects, and Reliance Industries.

Stockbroking and UPI Services

• 1.75 lakh active demat accounts with over ₹65,000 crore in assets.
• Received regulatory approval as a Third-Party Application Provider (TPAP) for UPI services.

Asset Reconstruction Company (ARC)

• Manages loan recovery portfolios from various financial institutions.
• Supported by an in-house field team of over 2,000 collection executives.

Management Restructuring

Following the merger, Indiabulls Limited has undergone significant management changes:

• Mr. Gurbans Singh appointed as Executive Director & Chairman.
• Mr. Divyesh B. Shah appointed as Executive Director & CEO.
• New independent directors added to the board.

Outlook

The merger has positioned Indiabulls Limited as a diversified entity with strong footholds in real estate and financial services. The company's debt-free status and robust project pipeline in real estate, coupled with its expanding financial services offerings, suggest a positive outlook for future growth.