Dhani Services: Allotment Of Equity Shares Pursuant To Exercise Of Stock Options Under ??Indiabulls Ventures Limited Employees Stock Option Scheme ? 2008'

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. March 10, 2017, Indiabulls Ventures Limited (formerly Indiabulls Securities Limited) (the Company), has issued and allotted 12,50,000 (Twelve Lacs Fifty Thousand) Equity shares of face value Rs. 2/- each, to an eligible employee upon exercise of options vested in his favour under ??Indiabulls Ventures Limited Employees Stock Option Scheme ? 2008. Consequent to the said allotment, the paid-up Equity share capital of the Company stands increased to Rs. 64,04,13,840/- divided into 32,02,06,920 Equity shares of face value Rs. 2/- each.