Embassy Developments share news, announcements and annual reports
NSE: EMBDLBSE: 532832RealtySmall Cap
Embassy Developments Limited · Formerly Equinox India Developments · Face value ₹2 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Mar 2007
Last close ₹50.84down ₹0.40 (0.78%)BSE ₹50.88
Share price at the NSE close on 29 Oct 2026. Previous close ₹51.24.
29 Oct: open ₹51.20, high ₹52.00, low ₹49.59
52-week range of traded prices to 29 Oct 2026
₹39.46Low, 30 Mar 2026₹96.69High, 4 Nov 2025
- Next results date: the board meets on 3 Nov 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹7,070 Cr623rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 0.72
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- −9.8%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- −4.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.52
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 16,24,21033.2% delivered
Embassy Developments share news and announcements
1,168 announcements, routine notices left out, newest first. Page 22 of 24.
Jul 2010
13 Jul · Board meeting
In a meeting of the Board of Directors of the Company, held today i.e July 12, 2010, it was decided to obtain the approval of Members of the Company through postal ballot pursuant to Section 192A of the Companies Act, 1956 read with the Companies (Passing of the Resolutions by Postal Ballot) Rules 2001, in respect of issue of upto 2,87,00,000 (Two Crore Eighty Seven Lac only) fully convertible warrants to the Promoter group entities / Directors / Key management personnel of the Company, on a preferential basis, which upon conversion would entitle them to acquire an equivalent number of equity shares of face value Rs. 2 each of the Company at a conversion price of Rs. 165 per equity share, as determined in accordance with Chapter VII of SEBI (Issue of Capital and Disclosure Requirements), Regulations 2009, in following manner: 1. Powerscreen Media Pvt. Ltd. - 90,00,000 warrants 2. Dahlia Infrastructure Pvt. Ltd. - 41,00,000 warrants 3. Laurel Energetics Pvt. Ltd. - 65,50,000 warrants 4. Daisy Projects Pvt. Ltd. - 65,50,000 warrants 5. Mr. Narendra Gehlaut - 12,00,000 warrants 6. Mr. Vipul Bansal - 12,00,000 warrants 7. Mr. Nitin Vir Jain - 1,00,000 warrants. Out of 2,87,00,000 warrants, as aforesaid, 2,74,00,000 warrants would be issued to the Promoter group, which upon exercise, in full, would increase promoters' shareholding by 4.89% in the expanded share capital of the Company. The Board of Directors of the Company has appointed Mr. Sanjay Khandelwal, Practising Company Secretary, as the scrutinizer for conducting the postal ballot process in a fair and transparent manner. The duly completed Postal Ballot Form should reach the Scrutinizer by no later than 5 P.M. on Wednesday, the 11th day of August, 2010. The results of the Postal Ballot will be declared at the Registered Office of the Company on Thursday, the 12th day of August, 2010 by 5 P.M.
Jun 2010
Apr 2010
29 Apr · Updates
Earnings and Business update of Company for the financial year ended March 31, 2010. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.29 Apr · Board meeting
No dividend on the Equity shares of the Company had been recommended / declared at the meeting held on April 29, 2010 for the Financial year ended on March 31, 2010.29 Apr · Results
Consolidated Results for the year ended on 31-MAR-2010 as follows: Net Sales of Rs. 12935.87 lacs for year ending on 31-MAR-2010 against Rs. 20861.66 lacs for the year ending on 31-MAR-2009. Net Profit / (Loss) of Rs. (1602.03) lacs for the year ending on 31-MAR-2010 against Rs. 2947.5 lacs for the year ending on 31-MAR-2009.29 Apr · Results
Standalone Results for the year ended on 31-MAR-2010 as follows: Net Sales of Rs. 3398.98 lacs for year ending on 31-MAR-2010 against Rs. 4502.81 lacs for the year ending on 31-MAR-2009. Net Profit / (Loss) of Rs. 2244.45 lacs for the year ending on 31-MAR-2010 against Rs. 1656.16 lacs for the year ending on 31-MAR-2009.21 Apr · Board meeting
To consider and approve, inter alia, the audited financial results of the Company for the financial year ended March 31, 2010, and to consider recommendation / declaration of dividend for the financial year 2009-10, if any, on the Equity shares of the Company.19 Apr · Allotment of Equity Shares
Upon exercise of stock options vested in terms of Indiabulls Real Estate Limited - Employees Stock Option Scheme 2006 by certain eligible employees and receipt of full consideration therefor, the Board of Directors of the Company at its meeting held on April 19, 2010, has allotted an aggregate of 15,000 (Fifteen Thousand) Equity shares of face value Rs. 2/- each to such employees. Consequent to the said allotment, the paid-up Equity share capital of the Company stands increased from Rs. 80,30,78,478/- divided into 40,15,39,239 Equity shares of face value Rs. 2/- each to Rs. 80,31,08,478/- divided into 40,15,54,239 Equity shares of face value Rs. 2/- each9 Apr · Meeting
Minutes of proceedings of Extra Ordinary General Meeting of the members of the Company held on March 12, 2010. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Mar 2010
16 Mar · Allotment of Equity Shares
Upon exercise of stock options vested in terms of Indiabulls Real Estate Limited - Employees Stock Option Scheme 2006 by certain eligible employees and receipt of full consideration therefor, the Board of Directors of the Company at its meeting held today, March 15, 2010, has allotted an aggregate of 64,000 (Sixty Four Thousand) Equity shares of face value Rs. 2/- each to such employees. Consequent to the said allotment, the paid-up Equity share capital of the Company stands increased from Rs. 80,29,50,478/- divided into 40,14,75,239 Equity shares of face value Rs. 2/- each to Rs. 80,30,78,478/- divided into 40,15,39,239 Equity shares of face value Rs. 2/- each12 Mar · Meeting
Members of the Company have, in their EGM held on March 12, 2010 accorded their approval to all the businesses set out in the EGM Notice dated February 13, 2010.
Feb 2010
26 Feb · Board meeting
Meeting of the Board of Directors of the Company was held on February 25, 2010, at which the proposal to restructure the wholesale trading business of the Company was considered and approved. This proposal shall be implemented in terms of a scheme of arrangement under the provisions of Sections 391-394 of the Companies Act, 1956 ("Scheme") which will provide for the transfer by way of a demerger of the wholesale trading business of the Company as a going concern to Indiabulls Wholesale Services Ltd. ("IWSL"), currently a wholly owned subsidiary of the Company, in consideration for which IWSL will issue equity shares and global depository receipts ("GDRs") to the shareholders and GDR holders, respectively, of the Company in accordance with the Scheme, based on a share entitlement ratio approved by the Boards of Directors of both the companies. The Board of Directors of the Company also approved the share entitlement ratio of 1(One) equity share in IWSL of face value Rs. 2 each credited as fully paid-up for every 8(Eight) equity shares of Rs. 2 each held by such shareholder in the Company, on the basis of the recommendation made by an independent valuer being M/s. Doogar & Associates, Chartered Accountants, and the fairness opinion on the said recommendation given by M/s. D & A Financial Services Pvt, Ltd., Category 1 Merchant Bankers. Pursuant to the Scheme, the shares of IWSL are proposed to be listed on the Bombay Stock Exchange Ltd. and the National Stock Exchange of India Ltd. and the GDRs on the Luxembourg Stock Exchange. The above proposal is subject to the satisfaction of various conditions, including obtaining necessary approvals from the shareholders, creditors and regulatory authorities including those of the stock exchanges under the Listing Agreement, and sanction of the Scheme by the High Court of Delhi.23 Feb · Board meeting
To consider a scheme of demerger of its wholesale trading business to Indiabulls Wholesale Services Limited under Sections 391-394 of the Companies Act, 1956.15 Feb · Meeting
Board of Directors (Board) of Indiabulls Real Estate Limited (the "Company") in its meeting held on February 13, 2010, discussed a proposal to consider various alternatives to restructure/reorganize the wholesale trading business of the Company by way of a demerger, on a going concern basis, of the undertakings, business, activities and operations of the Company pertaining to its wholesale trading, including its shareholding in Indiabulls Wholesale Services Limited, a wholly owned subsidiary of the Company. The restructuring is expected to unlock value and also streamline the operations and ownership structure of the Company. For the above purpose, the Board has appointed advisers and authorized a committee to prepare and present the draft proposal and related documents, for consideration by the Board, based on which appropriate decisions in the matter would be taken followed by relevant announcements to the Exchanges. The Board has also decided to convene an Extra ordinary General Meeting (EGM) of the members of the Company, March 12, 2010, to seek their approval, pursuant to the applicable provisions under the Companies Act, 1956 and other applicable statutes, for various matters, as set out in the notice convening EGM. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jan 2010
21 Jan · Results
Standalone Results for the quarter ended on 31-DEC-2009 as follows: Net Sales of Rs. 187.03 lacs for quarter ending on 31-DEC-2009 against Rs. 227.15 lacs for the quarter ending on 30-SEP-2009. Net Profit / (Loss) of Rs. 487.44 lacs for the quarter ending on 31-DEC-2009 against Rs. 595.89 lacs for the quarter ending on 30-SEP-2009.21 Jan · Results
Consolidated Results for the quarter ended on 31-DEC-2009 as follows: Net Sales of Rs. 3746.19 lacs for quarter ending on 31-DEC-2009 against Rs. 1324.81 lacs for the quarter ending on 30-SEP-2009. Net Profit / (Loss) of Rs. 276.39 lacs for the quarter ending on 31-DEC-2009 against Rs. 469.13 lacs for the quarter ending on 30-SEP-2009.13 Jan · Board meeting
To consider inter alia the Unaudited Financial Results of the Company for the quarter and nine-month period ended December 31, 2009.
Nov 2009
26 Nov · Allotment of shares
Upon exercise of stock options vested in terms of Indiabulls Real Estate Limited - Employees Stock Option Scheme 2006 by certain eligible employees and receipt of full consideration therefor, the Board of Directors of the Company at its meeting held today, November 25, 2009, has allotted an aggregate of 1,35,000 (One Lac Thirty Five Thousand) Equity shares of face value Rs. 2/- each to such employees. Consequent to the said allotment, the paid-up Equity share capital of the Company stands increased from Rs. 80,26,80,478/- divided into 40,13,40,239 Equity shares of face value Rs. 2/- each to Rs. 80,29,50,478/- divided into 40,14,75,239 Equity shares of face value Rs. 2/- each6 Nov · Disclosure
They alongwith the PACs (as per attachment) propose to acquire 2,78,32,010 equity shares representing 6.935% of the shares/voting rights of Indiabulls Real Estate Limited from Sameer Gehlaut. The mode of proposed acquisition is by way of Inter-se Transfer. The date of proposed acquisition is November 12, 2009. The shareholding of Kritikka Infrastructure Private Limited after the proposed acquisition would be 2,78,32,010 equity shares representing 6.935% of the shares/voting rights of Indiabulls Real Estate Limited. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.6 Nov · Disclosure
They alongwith the PACs (as per attachment) propose to acquire 53,01,335 equity shares representing 1.321% of the shares/voting rights of Indiabulls Real Estate Limited from Sameer Gehlaut. The mode of proposed acquisition is by way of Inter-se Transfer. The date of proposed acquisition is November 12, 2009. The shareholding of Jyeshtha Infrastructure Private Limited after the proposed acquisition would be 53,01,335 equity shares representing 1.321% of the shares/voting rights of Indiabulls Real Estate Limited. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.6 Nov · Disclosure
They alongwith the PACs (as per attachment) propose to acquire 1,50,29,170 equity shares representing 3.745% of the shares/voting rights of Indiabulls Real Estate Limited from Saurabh Mittal. The mode of proposed acquisition is by way of Inter-se Transfer. The date of proposed acquisition is November 12, 2009. The shareholding of Gragerious Projects Private Limited after the proposed acquisition would be 1,50,29,170 equity shares representing 3.745% of the shares/voting rights of Indiabulls Real Estate Limited. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.6 Nov · Disclosure
They alongwith the PACs (as per attachment) propose to acquire 1,65,54,170 equity shares representing 4.125% of the shares/voting rights of Indiabulls Real Estate Limited from Rajiv Rattan. The mode of proposed acquisition is by way of Inter-se Transfer. The date of proposed acquisition is November 12, 2009. The shareholding of Yantra Energetics Private Limited after the proposed acquisition would be 1,65,54,170 equity shares representing 4.125% of the shares/voting rights of Indiabulls Real Estate Limited. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Oct 2009
30 Oct · Updates
Sales update of the Company for the half-year ended September 30, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.30 Oct · Results
Standalone Results for the half year ended on 30-SEP-2009 as follows: Net Sales of Rs. 691.22 lacs for half year ending on 30-SEP-2009. Net Profit / (Loss) of Rs. 1191.39 lacs for the half year ending on 30-SEP-2009.30 Oct · Results
Consolidated Results for the half year ended on 30-SEP-2009 as follows: Net Sales of Rs. 3116.07 lacs for half year ending on 30-SEP-2009. Net Profit / (Loss) of Rs. (1963.92) lacs for the half year ending on 30-SEP-2009.30 Oct · Results
Standalone Results for the quarter ended on 30-SEP-2009 as follows: Net Sales of Rs. 227.15 lacs for quarter ending on 30-SEP-2009 against Rs. 464.07 lacs for the quarter ending on 30-JUN-2009. Net Profit / (Loss) of Rs. 595.89 lacs for the quarter ending on 30-SEP-2009 against Rs. 595.51 lacs for the quarter ending on 30-JUN-2009.30 Oct · Results
Consolidated Results for the quarter ended on 30-SEP-2009 as follows: Net Sales of Rs. 1324.81 lacs for quarter ending on 30-SEP-2009. Net Profit / (Loss) of Rs. 469.13 lacs for the quarter ending on 30-SEP-2009.27 Oct · Updates
Vide its letter dated October 26, 2009, regarding allotment of Equity Shares in the Initial Public Offer of Equity Shares of Indiabulls Power Limited., a subsidiary of Indiabulls Real Estate Limited (the "Company"). The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.22 Oct · Board meeting
Meeting on 30 Oct 2009: “Unaudited Financial Results for the Qtr ended Sept 30, 2009”6 Oct · Updates
Indiabulls Power Limited, a subsidiary of Indiabulls Real Estate Limited filed its Red Herring Prospectus with the office of the Registrar of Companies, NCT of Delhi & Haryana, New Delhi, on October 1, 2009, in relation to its Initial Public Offer of Equity Shares.5 Oct · Meeting
Vide its letter dated October 05, 2009 that "Pursuant to Section 192A of the Companies Act, 1956 read with the Companies (Passing of the Resolutions by Postal Ballot) Rules, 2001, as amended, the Shareholders of the Company have, by means of Postal Ballot (the results whereof have been announced today), passed with requisite majority, a Special Resolution under Section 372A of the Companies Act, 1956 authorizing giving of loans and/or any guarantee, or providing any security and/or making further investments, as set out in Postal Ballot Notice dated September 4, 2009".5 Oct · Redemption
The Company has redeemed 9,966,667 outstanding Non-Convertible Preference Shares of face value Rs.138 per share held by Oberon Limited in the Company. Consequently, the paid-up preference share capital in the Company stands fully repaid
Sep 2009
30 Sep · Meeting
Reagrding the outcome of Annual General Meeting of the Company held on September 30, 2009.The details of the same shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.4 Sep · Limited Review Report
Auditors have conducted the limited review for the un-audited financial results for the quarter ended June 30,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.1 Sep · Meeting
Board of Directors of the Company ("Board"), at its meeting held on September 01, 2009, had decided to convene the Annual General Meeting (AGM) of the Shareholders of the Company on September 30, 2009. Further the Register of Members and Share Transfer Books of the Company shall remain closed during the period from September 24, 2009 to September 30, 2009 (both days inclusive), for the purpose of the AGM. The Company has further informed the Exchange that the Board, at its said meeting, has decided to obtain the approval of the Members of the Company through a Postal Ballot pursuant to Section 192A of the Companies Act, 1956 ("Act") read with Companies (Passing of Resolution by Postal Ballot) Rules, 2001, as amended from time to time, for giving inter-corporate loans/inter-corporate guarantees and securities /making inter-corporate investments to Indiabulls Power Limited., a majority-owned subsidiary of the Company , and its subsidiary(ies), under the provisions of Sections 372A of the Act. The Board has appointed Mr. Sanjay Khandelwal, Practicing Company Secretary, New Delhi as Scrutinizer for conducting the postal ballot process in a fair and transparent manner. The duly completed Postal Ballot Form should reach the Scrutinizer by no later than October 04, 2009. The results of the Postal Ballot will be declared at the Registered office of the Company on October 05, 2009.
Aug 2009
21 Aug · News Verification
News Verification : The media had reports that Indiabulls Real Estate Limited has won an auction to redevelop Mumbai Mantralaya. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Indiabulls Real Estate Limited has vide its letter inter-alia stated, "The officials of Public Works Department of the Government of Maharashtra opened yesterday the financial bid for " Development of Government Buildings in Mantralaya precinct, Mumbai, through Private Participation" in the presence of all technically qualified bidders. The officials of the Public Works department read out the financial bids submitted by all technically qualified bidders. The financial bid submitted by Indiabulls Real Estate Limited was the highest as informed by the officials. The company is awaiting the confirmation letter in this behalf from the Public Works Department, Government of Maharashtra."11 Aug · Allotment of Equity Shares
Upon exercise of stock options vested in terms of Indiabulls Real Estate Limited Employees Stock Option Scheme 2006 by eligible employees and receipt of full consideration therefor, the Board of Directors of the Company at its meeting held today, August 11, 2009, has allotted an aggregate of 2,25,000 (Two Lakhs Twenty Five Thousand) Equity shares of face value Rs. 2/- each to such employees. Consequent to the said allotment, the paid-up Equity share capital of the Company stands increased from Rs. 80,22,30,478/- divided into 40,11,15,239 Equity shares of face value Rs. 2/- each to Rs. 80,26,80,478/- divided into 40,13,40,239 Equity shares of face value Rs. 2/- each11 Aug · Disclosure
Company's disclosure pursuant to Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992, with reference to the disclosure received from Morgan Stanley & Co. International plc. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jul 2009
30 Jul · Results
Standalone Results for the quarter ended on 30-JUN-2009 as follows: Net Sales of Rs. 464.07 lacs for quarter ending on 30-JUN-2009. Net Profit / (Loss) of Rs. 595.51 lacs for the quarter ending on 30-JUN-2009.22 Jul · Board meeting
Meeting on 30 Jul 2009: “Unaudited Financial Results for the Qtr ended June 30, 2009”15 Jul · Updates
Indiabulls Power Limited (formerly Sophia Power Company Limited), a subsidiary of Indiabulls Real Estate Limited (the Company), has filed its Draft Red Herring Prospectus with the Securities and Exchange Board of India ("SEBI") on July 15, 2009 in relation to its Initial Public Offer of equity shares
Jun 2009
11 Jun · Meeting
Minutes of proceedings of the Extraordinary General Meeting of the Equity Shareholders of the Company held on May 18, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.8 Jun · Board meeting
Board of Directors at its meeting held on June 05, 2009, has not recommended dividend on the Equity shares of the Company for the Financial Year 2008-09.
May 2009
28 May · Board meeting
To consider inter alia the Audited Financial Results of the Company for the Financial Year ended March 31, 2009, and to consider recommendation of a dividend, if any, for the said Financial Year.23 May · Issue and allotment of shares
Indiabulls Real Estate Limited had informed the Exchange regarding issue of Equity shares of face value of Rs. 2 each in the Company ("Equity Shares") to QIBs (Qualified Institutional Buyers) under Qualified Institutions Placement in terms of Chapter XIII-A of SEBI Guidelines. The company has now informed the Exchange that the duly authorised Committee of the Board of Directors of the Company has, at its meeting held on May 22, 2009, issued and allotted 14,35,94,593 fully paid-up Equity Shares, at a price of Rs. 185 per Equity Share (including a premium of Rs. 183 per Equity Share), aggregating to Rs. 2656,49,99,705 (Rupees Two Thousand Six Hundred Fifty Six Crore Forty Nine Lac Ninety Nine Thousand Seven Hundred and Five only). Consequent to the issue and allotment of the Equity Shares as aforesaid, the Paid-up Equity Share Capital of the Company stands increased from the present Rs. 51,50,41,292/- divided into 25,75,20,646 Equity shares of face value of Rs. 2/- each, to Rs. 80,22,30,478/- divided into 40,11,15,239 Equity Shares of face value of Rs. 2/- each.20 May · Business
"In respect of issue of Equity shares of face value Rs. 2 each in the Company ("Equity Share") to QIBs under Qualified Institutions Placement in terms of Chapter XIII-A of SEBI Guidelines, up to an amount of USD 600 million (United States Dollars Six Hundred million) or its Indian Rupee equivalent, the duly authorised Committee of the Board of Directors of the Company has, at its meeting held today i.e. May 19, 2009, decided to close the bid period, and approved the issuance of up to 14,35,94,593 Equity Shares at a price of Rs. 185 per Equity Share (including a premium of Rs. 183 per Equity Share), aggregating to Rs. 2656,49,99,705 (Rupees Two Thousand Six Hundred Fifty Six Crore Forty Nine Lac Ninety Nine Thousand Seven Hundred and Five only)". Further the Company has informed that "The floor price in respect of the aforesaid QualifiedInstitutions Placement, based on the pricing formula as prescribed under Clause 13A.3.1 of Chapter XIII-A of SEBI Guidelines is Rs. 141.32 per Equity Share, and the Relevant Date forthis purpose, in terms of Clause 13A.3.1(a) of Chapter XIII-A of SEBI Guidelines, is May 18, 2009". Further, the Company has submitted to the Exchange a copy of the Resolution passed by the Committee on May 19, 2009 .A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.18 May · Outcome of meeting
Outcome of the Committee Meeting held on May 18, 2009. Further, the Company has submitted a copy of the Resolution passed by the Committee deciding to open the proposed issue of Equity shares under the Qualified Institutions Placement. The details of the Outcome of the Committee Meeting and copy of the Resolution shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.18 May · Meeting
Outcome of the Extraordinary General Meeting held on May 18, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.6 May · Meeting
Notice convening an Extraordinary General Meeting of the members of the Company scheduled to be held on May 18, 2009. Seeking the approval to a proposed Qualified Institutions Placement (QIP) with Qualified Institutional Buyers (QIBs) in accordance with inter alia the provisions of Chapter XIII-A of SEBI ( Disclosure and Investor Protection ) Guidelines, 2000, as amended. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.5 May · Updates
Indiabulls Real Estate Limited had informed the Exchange regarding the allotment of 4,30,00,000 warrants on November 5, 2007. The Company has now informed the Exchange that "As per the terms of issue of these warrants, upon payment of exercise price of Rs.540 per warrant, as reduced by 10% upfront money paid at the time of allotment of warrants, the warrant holders were entitled to apply for and obtain allotment of one Equity share of the face value Rs.2 each fully paid-up of the Company, against each warrant held. The latest date for exercise of such right was May 4, 2009. In this connection, please be informed that the warrant holders have not exercised their right to convert their warrants into Equity shares of the Company by the said date and hence, the warrants allotted in their favour now stand lapsed".