29-Sept-2026 11:35:12
IBULLSLTDIPO
HERMES LIMITED: PREFERENTIAL ALLOTMENT OF WARRANTS
• Indiabulls Limited warrants issued to Hermes Limited and Persons Acting in Concert (PACs). • Total warrants: 14,02,50,000 to Hermes, 22,52,50,000 to PACs. • Warrants are convertible into fully paid-up equity shares. • Post-acquisition holdings: Hermes Limited NIL shares / 14,02,50,000 warrants (4.89%); PACs 76,66,36,064 shares (32.87% / 26.71%) / 22,52,50,000 warrants (7.85%). • Impact: Potential dilution of equity and voting rights for existing shareholders.
Indiabulls Ltd
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