Indiabulls Capital Structure Change
Indiabulls Ltd allotted 365.5 million warrants to promoter group entities Hermes Limited and Phanes Limited via a preferential offer, raising ₹177.27 Crore capital.
- Value
- ₹177.3 Cr
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Indiabulls Ltd allotted 365.5 million warrants to promoter group entities Hermes Limited and Phanes Limited via a preferential offer, raising ₹177.27 Crore capital.
Indiabulls Ltd reported a preferential allotment of 365.5 million warrants to promoter group entities. This regulatory disclosure tracks changes in promoter shareholding under SAST regulations.
Indiabulls allotted 51.55 crore convertible warrants at Rs 19.40 each to promoter and non-promoter entities. This preferential issue has an aggregate value of Rs 1,000.07 Crore.
Indiabulls Limited filed updated pre-issue and post-issue shareholding patterns for its proposed preferential issue of 51.55 crore warrants.
ACM Global Fund VCC sold 47.16 million shares (2.03 %) of Indiabulls Ltd on open market, reducing its holding to 4.53 %. The acquirer is a non‑promoter.