AI assistant
Indiabulls Limited — Capital/Financing Update 2026
Mar 20, 2026
60328_rns_2026-03-20_245b84c7-b282-4309-8dcf-42d6fb9c6fa5.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [191 x 59] intentionally omitted <==
March 20, 2026
Scrip Code - 533520 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, MUMBAI – 400 001
IBULLSLTD National Stock Exchange of India Limited ‘Exchange Plaza’, Bandra-Kurla Complex, Bandra (East) MUMBAI – 400 051
Sub: Update on Business Developments of Indiabulls Limited
Ref: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir/Madam,
We wish to inform you of the following updates pertaining to the business of Indiabulls Limited.
— Joint Venture Commercial Development, Sector 103, Gurgaon
The Company has entered into a Joint Venture with a private land-owning entity for the development of a premium commercial project on approximately 2.38 acres in Sector 103, Gurgaon, along the Dwarka Expressway.
The proposed development is envisioned to comprise modern office spaces, retail, food and beverage facilities, and service apartments. The Company believes this project represents a significant addition to its real estate portfolio and is well-positioned to benefit from the strong demand dynamics along the Dwarka Expressway corridor.
The Gross Development Value of the JV is estimated to be Rs. 600 crores.
Real Estate Business Update
The Company's existing residential projects in Gurgaon — IB Heights and IB Estate & Club, both in Sector 104 — continue to witness healthy sales momentum. The Company is pleased with the progress made across its real estate portfolio as per the plans disclosed earlier and looks forward to sharing further updates in the Earnings Update.
Please take the above information on record.
For Indiabulls Limited
(formerly Yaari Digital Integrated Services Limited)
Digitally signed by Ram Mehar Ram Mehar Date: 2026.03.20 10:06:11 +05'30'
Ram Mehar
Company Secretary
Indiabulls Limited
(formerly Yaari Digital Integrated Services Limited)
Registered Office: 5th Floor, Plot No. 108, IT Park, Udyog Vihar, Phase 1, Gurgaon – 122016, Haryana | Tel/Fax: 0124 6685800 Corporate Office: One International Center (formerly IFC), Tower - 1, 4[th] Floor, S. B. Marg, Elphinstone (W), Mumbai – 400013, Maharashtra | Tel: 022 62498580 | Fax: 022 61899600 CIN: L64200HR2007PLC077999, Website: www.indiabulls.com, Email: [email protected]