Pursuant to the applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that today i.e. November 30 2021 Indiabulls Real Estate Limited (the Company) has issued and allotted 14 52 020 (Fourteen Lakh Fifty Two Thousand and Twenty only) fully paid-up Equity shares of face value Rs. 2/- each to eligible employees upon exercise of options vested in their favour under various ESOP Schemes of the Company.
Consequent to the said allotment the paid-up Equity share capital of the Company stands increased from Rs. 90 93 27 752/- divided into 45 46 63 876 Equity shares of face value Rs.2/- each to Rs.91 22 31 792/- divided into 45 61 15 896 Equity shares of face value Rs.2/- each.
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