24-Sept-2026 18:29:10
IBULLSLTDIPO
INDIABULLS LIMITED RAISED RS 250.02 CR FUNDS FROM QIB @ ₹19.40/SHARE
• Indiabulls Limited has issued and allotted 51,55,00,000 warrants at an issue price of INR 19.40 per warrant. • The warrants are convertible into an equivalent number of fully paid-up equity shares of face value INR 2 each. • Allotment is to Promoter Group entities (Phanes Limited, Hermes Limited) and Non-Promoter Group entities (EBISU Global Opportunities Fund Limited, Nyaasa Global Fund VCC – Nyaasa India EM Sub Fund). • The company has received INR 250,01,75,000 (25% of the issue price) as subscription money. • Warrants will be convertible into equity shares upon receipt of the balance 75% of the issue price within 18 months.
Indiabulls Limited
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