Board / shareholder meeting outcomeNotableFiled on BSE ·

Indiabulls Preferential Issue: ₹1000.07 Cr (3 Jun 2026)

Indiabulls board approves ₹1000.07 crore preferential warrant issue, subject to EGM

Indiabulls · Commercial Services & Supplies

Arthneeti Research DeskPublished 1 min read
₹1,000 CrBoard / shareholder meeting outcome

Key highlights

  • Board approved issue of up to 51,55,00,000 warrants at ₹19.40 each (including ₹17.40 premium) on June 3, 2026
  • Warrants convertible into equal number of fully paid equity shares, exercisable within 18 months of allotment; EGM on July 2, 2026 and necessary approvals still required
  • Phanes Limited 22,52,50,000 and Hermes Limited 14,02,50,000 (promoter group); EBISU Global Opportunities Fund Limited 10,00,00,000 and Nyaasa Global Fund VCC 5,00,00,000 (non-promoter group)

Why it's rated notable: amount is ₹500 crore or more

Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.

Original filing

Announcement under Regulation 30 (LODR)-Preferential Issue

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.