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Board Meet

22-Jan-13 
Indiabulls Financial Services Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on January 22, 2013, inter alia, to consider and approve, the un-audited Financial Results of the Company for the quarter ended December 31, 2012 (Q3). With reference to the earlier announcement dated January 14, 2013, regarding Intimation of Board Meeting to be held on January 22, 2013, inter alia, to consider and approve, the un-audited Financial Results of the Company for the quarter ended December 31, 2012, Indiabulls Financial Services Ltd has now informed BSE that in the said meeting the Board shall also consider the declaration of second interim dividend for the FY 2012-13. (As per BSE Announcement Dated on 16.01.2013) Indiabulls Financial Services Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 22, 2013, inter alia, has declared the Second Interim Dividend of Rs. 5.50/- per equity share (on the face value of Rs. 2 per share) for the financial year 2012-2013. (As per BSE Announcement Dated on 22.01.2013) 
22-Oct-12 
Indiabulls Financial Services Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 22, 2012, inter alia, to consider and approve, the un-audited Financial Results of the Company for the quarter ended September 30, 2012 (Q2) and to consider declaration of interim dividend, if any, on the Equity shares of the Company, for the financial year 2012-13. Indiabulls Financial Services Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 22, 2012, inter alia, has declared an Interim Dividend of Rs. 8/- per equity share (on the face value of Rs. 2 per share) for the financial year 2012-2013. (As per BSE Announcement Dated on 22.10.2012)  
20-Jul-12 
Quarter results. Indiabulls Financial Services Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 20, 2012, inter alia, to consider and approve the un-audited Financial Results of the Company for the quarter ended June 30, 2012. (As Per BSE Announcement Website Dated on 12/07/2012) 
09-Jun-12 
Indiabulls Financial Services Ltd has informed BSE that in terms of shareholders' authorisation through a Postal Ballot on May 27, 2012, the Board of Directors of the Company has, at its meeting held on June 9, 2012, issued and allotted an aggregate of 2,07,00,000 (Two crore seven lacs) warrants. Such warrants are convertible into an equivalent number of Equity shares of face value Rs. 2 each, in the Company, within a period of eighteen months from the date of allotment as mentioned above. 
27-Apr-12 
Indiabulls Financial Services Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on April 27, 2012 inter alia, to consider and approve the audited financial results of the Company for the financial year ended March 31, 2012 and to consider recommendation / declaration of dividend, if any, on the Equity shares of the Company, for the financial year 2011-12. Indiabulls Financial Services Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 27, 2012, inter alia, has recommended a dividend of Rs. 7 per share (350% on the face value of Rs. 2 per share) for the financial year ended March 31, 2012, subject to approval of shareholders at the ensuing Annual General Meeting of the Company. Indiabulls Financial Services Ltd has informed BSE that at the meeting of the Board of Directors of the Company held on April 27, 2012, the Board reviewed the long term business strategy of the Company. In view of the fact that the majority of the existing and incremental business of the Company relates to housing finance business and all other Companies with similar asset profile and business are already licensed as Housing Finance Companies (HFCs), it was decided to restructure the business of the Company by merger of the Company with its wholly-owned housing finance Company (HFC) subsidiary Indiabulls Housing Finance Limited ('IHWLö). The merger will be effected through a scheme of amalgamation between the Company, IHFL and their respective shareholders and creditors (the ôSchemeö) as per the provisions of Section 391 to 394 of the Companies Act, 1956. The Scheme provides for amalgamation of the Company with IHFL, and various other matters consequential or otherwise integrally connected with the said amalgamation. Amarchand & Mangaldas & Suresh A Shroff & Co., Advocates and Solicitors are acting as legal advisors to the Company. The Appointed date of the amalgamation is April 01, 2012. Upon the Scheme becoming effective upon sanction by the High Court of Delhi, the shareholders of IBFSL will get 1 (one) equity share of Rs. 2 each of IHFL for every 1 (one) equity share of Rs. 2 each held by them in the Company, on the record date to be fixed by the Company in this regard. The aforementioned share exchange ratio is based on the valuation by an independent valuer and the fairness opinion provided by an independent merchant banker registered with the Securities and Exchange Board of India on the valuation report. The Scheme is subject to necessary approvals of shareholders, creditors, other regulatory approvals and the sanction of the High Court of Delhi. Further the Company has informed that, in order to augment the capital required for business growth over next few years, the Board has also approved the proposal to issue and allot to promoter entities, namely, Cleta Properties Private Limited, Cleta Buildtech Private Limited, Priapus Real Estate Private Limited, Hespera Real Estate Private Limited and to Mr. Gagan Banga and Mr. Ashwini Kumar the key managerial personnel, on a preferential allotment basis upto 2,07,00,000 (Two Crore Seven Lacs) warrants convertible into 2,07,00,000 (Two Crore Seven Lacs) equity shares of face value of Rs. 2 (Rupees Two only) each of the Company at a conversion price of Rs. 218/- (Rupees Two Hundred and Eighteen only) per equity share, in accordance with the applicable laws and guidelines (ôWarrantsö). The aggregate capital funds receivable by the Company, pursuant to the conversion of the Warrants, would be Rs. 451,26,00,000 (Rupees Four Hundred Fifty One Crore and Twenty Six Lacs only) with Rs. 112,81,50,000 (Rupees One Hundred Twelve Crore Eighty One Lacs Fifty Thousand only), representing 25% (twenty five per cent) of the total amount, received as an upfront contribution immediately prior to issue of the Warrants. The above proposal is subject to the satisfaction of various conditions, including obtaining necessary approvals from the shareholders and regulatory authorities, if any, prior to the actual allotment under the preferential issue. The Board of the Company has decided to obtain the approval of the members of the Company for the issue of Warrants, as aforesaid, and for amending the objects of the Company, through a postal ballot pursuant to Section 192A of the Companies Act, 1956 read with the Companies (Passing of the Resolutions by Postal Ballot) Rules 2001, and has appointed Mr. B. D. Tapriya, Practicing 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 2 P.M. on May 27, 2012. The results of the Postal Ballot will be declared at the Registered Office of the Company on May 27, 2012 by 5 P.M. (As Per BSE Announcement Dated on 27.04.2012) 

AGM

05-Jun-12
Indiabulls Financial Services Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from May 29, 2012 to June 05, 2012 (both days inclusive) for the purpose of Payment of Final Dividend & 13th Annual General Meeting (AGM) of the Company to be held on June 05, 2012. If declared by the shareholders in the ensuing AGM, the dividend payout will be completed on or before July 04, 2012. Indiabulls Financial Services Ltd has informed BSE about the Submission of details regarding the voting results of the Thirteenth Annual General Meeting of the Company held on June 05, 2012, in the prescribed format under Clause 35A. (As Per BSE Announcement Website Dated on 05/06/2012) 
30-Sep-11
AGM 30/09/2011 (Cancelled) 
27-Jun-11
Indiabulls Financial Services Ltd has informed BSE that the members at the 12th Annual General Meeting (AGM) of the Company will be held on June 27, 2010 at 10.15 a.m. at Centaur Hotel, IGI Airport, Delhi-Gurgaon Road, New Delhi - 110 037, inter alia, to transact the following business: Ordinary Business: 1. To receive, consider and adopt the audited Balance Sheet as at March 31, 2011, Profit and Loss Account for the year ended on that date and, the Reports of the Board of Directors and Auditors thereon. 2. To declare a dividend on Equity Shares for the year ended March 31, 2011. 3. To appoint a Director in place of Mr. Saurabh K. Mittal & Mr. Shamsher Singh Ahlawat, who retire by rotation and being eligible, offers themselves for re-appointment. 4. To appoint M/s Deloitte Haskins & Sells, Chartered Accountants appointed as Auditors of the Company, to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting on such remuneration as may be fixed by the Board of Directors. 5. To create, issue, offer and allot at any time or from time to time, directly or through a trust, to the Eligible Employees (which expression shall, unless repugnant to the context, mean and include the permanent employees of the Company and its subsidiaries (both present and future), working in India or out of India, and the Directors of the Company and its subsidiaries, whether whole-time or not but not including the promoter directors or directors holding by them selves or through the relatives or any body corporate, 10% or more of the outstanding equity share capital of the Company), as maybe decided solely by the Board, stock options not exceeding 9,000,000 in number, representing 9,000,000 equity shares of face value Rs. 2/- each of the Company, in one or more tranches, upon such terms and conditions as may be deemed appropriate by the Board, each option giving the right but not the obligation, to the holder, to acquire, purchase, or subscribe for cash, 9,000,000 fully paid equity shares of face value Rs 2/- each of the Company, in accordance with the terms of the 'Employee Stock Option Scheme - 2011' ('IBFSL ESOP-2011'). 6. To create, issue, offer and allot at any time or from time to time, either directly or through a trust, such number of stock options, in one or more tranches, in accordance with the terms of the 'Employee Stock Option Scheme- 2011' ('IBFSL ESOP-2011') to Eligible Employees who are permanent employees of the subsidiaries of the Company, working in India or out of India, and the Directors of the subsidiaries. of the Company, whether whole-time or not, but not including the promoter directors or directors holding by themselves or through the relatives or any body corporate, 10% or more of the outstanding equity of the Company 7. To identify specific Eligible Employees and grant options, during any one year, equal to, or exceeding, 1% of the issued capital (excluding outstanding warrants and conversions) of the Company at the time of grant under the 'Employees Stock Option Scheme-2011' ('IBFSL ESOP-2011'). 8. Amending the IBFSL-ICSL Employees Stock Option Plan 2006, IBFSL-ICSL Employees Stock Option Plan II - 2006, Employees Stock Option Plan 2008 and IBFSL ESOP - 2010 (the 'Stock Option Schemes'), earlier consented to / approved by the shareholders, so as to amend the exercise price under respective Stock Option Schemes, to be the market price of the equity shares of the Company, being the latest available closing price, prior to the date of grant or the price as may be decided by the Board Indiabulls Financial Services Ltd has informed BSE that the Members of the Company have, in their Twelfth AGM held on June 27. 2011 at New Delhi, accorded their approval to all the businesses set out in the AGM Notice dated May 31, 2011. (As Per BSE Annoncement Website Dated on 27/06/2011) Indiabulls Financial Services Ltd has submitted to BSE a copy of the minutes of the Annual General Meeting of the Equity Shareholders of the Company held on June 27, 2011. (As Per BSE Announcement Dated on 19.07.2011) 
14-Jun-10
Indiabulls Financial Services Ltd has informed BSE that Annual General Meeting (AGM) of the Company will be held on June 14, 2010. Indiabulls Financial Services Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on June 14, 2010, accorded their approval to all the businesses set out in the AGM Notice dated May 17, 2010. (As Per BSE Announcement Website dated on 14.06.2010) Indiabulls Financial Services Ltd has submitted to BSE a copy of the minutes of the Eleventh Annual General Meeting (AGM) of the Company held on June 14, 2010, inter alia, have accorded to the following: 1. Adopted the audited Balance Sheet as at March 31, 2010, Profit and Loss Account for the year ended on that date and the Reports of the Board, of Directors and Auditors thereon. 2. Declared a dividend of Rs. 5/- per equity share (250% on the face value of Rs. 2/- per share), as recommended by the Board of Directors of the Company for the financial year ended March 31, 2010. 3. Re-appointed Mr. Gagan Banga & Mr. Karan Singh, as Directors of the Company, liable to retire by rotation. 4. Appointed M/s Deloitte Haskins & Sells, Chartered Accountants as Auditors of the Company, to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting of the Company on such remuneration as may be fixed by the Board of Directors. 5. To create, offers issue and allot, in one or more tranches, whether Rupee denominated or denominated in foreign currency, in the course of domestic / international offerings, equity shares of the Company ('Equity Shares'), including Equit Shares through Global Depository Receipts / American Depository Receipts, debentures or bonds, whether partially / optionally / fully convertible and/or securities linked to or convertible into or exchangeable for Equity Shares or Fully Convertible Debentures / Partly Convertible Debentures / Optionally Convertible Debentures or any other securities (other than warrants), which are convertible into or exchangeable with Equity Shares, at alliterate and/or non-convertible debentures or any other security permissible by Indian law including foreign currency convertible bonds and/or any other financial instrument linked to or convertible into Equity Shares or with or without detachable warrants, with a right . exercisable by the warrant holder to exchange the said warrants with Equity Shares at a later date, in registered or bearer form, or any combination of such securities, such that the total number of Equity Shares issued as aforesaid (including on conversion of convertible securities) should not exceed 4,50,00,000 (Four Crore Fifty Lac) Equity Shares, to such person or persons, who may or may not be the shareholder(s) of the Company, as the Board may at its sole discretion decide, including one or more of the members, employees (through a reservation in the Public Issue or otherwise), Non-resident Indians, Foreign Institutional Investors (FIIs) Venture capital Funds, Foreign Venture Capital, Investors, State Industrial Development Corporations, Insurance Companies, Provident Funds, Pension Funds, Development. Financial Institutions, multilateral and bilateral financial institutions, bodies corporate, companies, private or public or other entities, authorities and to such other persons in one or more combinations thereof through a public issue, rights issue, preferential issue or qualified institution placement or a combination thereof at such time or times at such price or prices, at a discount or premium to the market price in such manner and on such terms and conditions, including premium, security, rate of interest and tenor, as may be deemed appropriate by the Board subject to applicable law, in its absolute discretion including the discretion to determine the categories of investors to whom the offer, issue and allotment shall be made to the exclusion of all other categories of investors at the time of such issue and allotment considering the prevalent market conditions and other relevant factors and where required, in consultation with the merchant banker(s) and/or other advisor(s), as the Board, in its absolute discretion, may deem fit and appropriate, subject to necessary provisions and approvals. 6. To alter the Articles of Association of the Company in terms of section 3l of the Companies Act, 1956. (As Per BSE Announcement Dated on 29.06.2010) 
30-Sep-09
Indiabulls Financial Services Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 24, 2009 to September 30, 2009 (both days inclusive) for the purpose of Payment of Dividend & 10th Annual General Meeting (AGM) of the Company to be held on September 30, 2009. Indiabulls Financial Services Ltd has informed BSE that the members at the 10th Annual General Meeting (AGM) of the Company held on September 30, 2009, inter alia, have accorded to the following: 1. Adoption of the audited Balance Sheet of the Company as at March 31, 2O09, its Profit and Loss Account for the year ended on that date, and the Directors and Auditors Reports thereon 2. Declaration of a dividend of Rs. 2/- per Equity share (face value of Rs. 2/- per Equity share) for the year ended March 31, 2009. 3. Re-appointment, of Mr. Prem Prakash Mirdha as a Director of the Company, liable to retire by rotation. 4. Re-appointment of Mr. Aishwarya Katoch as a Director of the Company, liable to retire by rotation. 5. Re-appointment of M/s. Deloitte Haskins & Sells, Chartered Accountants, as Statutory Auditors of the Company till the conclusion of the next Annual General Meeting of the Company. 6. Modification in the utilization of proceeds raised from Equity shares issued pursuant, to Placement Document dated July 21, 2009. 7. Re-appointment of Mr. Gagan Banga as Whole-time Director of the Company for a further period of five years, with effect from March 29, 2010. (As Per BSE Announcement Website dated on 30.09.2009) Indiabulls Financial Services Ltd has submitted to BSE a copy of the minutes of the 10th Annual General Meeting (AGM) of the Company held on September 30, 2009. (As Per BSE Announcement Dated on 29/10/2009) 

EGM

08-Sep-12
Indiabulls Financial Services Ltd has informed BSE that by orders made on July 10, 2012 and July 20, 2012 the Hon'ble High Court of Delhi at New Delhi, has directed that separate meeting of the Equity Shareholders, Secured Creditors and Un-Secured Creditors of the Company, be held at the Centaur Hotel, Indira Gandhi International Airport, Delhi Gurgaon Road, New Delhi - 110037 on September 08, 2012 at for the purpose of considering, and if thought fit, approving with or without modification(s), the proposed Scheme of Arrangement amongst Indiabulls Financial Services Limited and Indiabulls Housing Finance Limited, and their respective shareholders and creditors (the 'Scheme'). Indiabulls Financial Services Ltd has informed BSE that at the Court-convened meeting of the equity shareholders of the Company held on September 08, 2012, the equity shareholders of the Company have approved the Scheme of Arrangement amongst the Company and Indiabulls Housing Finance Limited and their respective shareholders and creditors. The said Scheme of' Arrangement is now subject to the final approval by the Hon'ble High Court of Delhi at New Delhi. (As per BSE Announcement Dated on 10.09.2012) Indiabulls Financial Services Ltd has informed BSE that at the Court-convened meeting of the unsecured creditors of the Company, held on September 08, 2012, the unsecured creditors of the Company have approved the Scheme of Arrangement amongst the Company and Indiabulls Housing Finance Limited and their respective shareholders and creditors. The said Scheme of Arrangement is now subject to the final approval by the Hon'ble High Court of Delhi at New Delhi. (As per BSE Announcement Dated on 10.09.2012)  
30-Sep-10
Indiabulls Financial Services Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 31, 2010, has decided to convene an Extra Ordinary General Meeting (EGM) of the Shareholders of the Company on September 30, 2010. Indiabulls Financial Services Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on September 30, 2010, inter alia, have accorded their approval to the business set out in the EGM Notice. (As Per BSE Announcement Dated on 30.09.2010) Indiabulls Financial Services Ltd has submitted to BSE a copy of the minutes of the Extra Ordinary General Meeting (EGM) of the Company held on September 30, 2010. (As Per BSE Announcement Website dated on 01.11.2010) 
18-Jul-09
Indiabulls Financial Services Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 24, 2009, inter alia, have passed a resolution to obtain the approval of the shareholders of the Company under Section 81(1A) of the Companies Act, 1956 to issue equity shares / fully convertible debentures / partly convertible debentures or any other securities (other than warrants) convertible into or exchangeable with the equity shares of the Company at a later date, within the meaning of Chapter XIII-A of SEBI (Disclosure and Investor Protection) Guidelines, 2000, as amended up to date, by way of a Qualified Institutions Placement for an amount up to USD 200 million or its Indian Rupee equivalent, to Qualified Institutional Buyers (QIBs). Further, the Company has inform that it was also decided at the said Board Meeting that in order to obtain the consent of the shareholders of the Company for the aforesaid matter, an Extraordinary General Meeting of the shareholders of the Company be convened on July 18, 2009. Indiabulls Financial Services Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on July 18, 2009, inter alia, to create, offer, issue and allot, in one or more tranches, Equity Shares or Fully Convertible Debentures (FCDs) / Partly Convertible Debentures (PCDs) Or any other securities (other than warrants), which are convertible into or exchangeable with the Equity Shares of the Company, at a later date ('Other Specified Securities' and together with Equity Shares referred to as the pecified Securities' within the meaning of the SEBI Guidelines) or any combination of Specified Securities as may be decided by the Board, for an amount up to USD 200 million (United States Dollars Two Hundred Million only) or its Indian Rupee equivalent, inclusive of such premium, as may be finalized by the Board, to Qualified Institutional Buyers (as defined in the SEBI (Disclosure and Investor Protection) Guidetines, 2000 as amended from time to time) pursuant to a Qualified Institutions Placement, as provided under the SEBI Guidelines at such price being not less than the price determined in accordance with the pricing formula of the aforementioned SEBI Guidelines and such issue and allotment to be made on such terms and conditions as may be decided by the Board at the time of issue or allotment of the Specified Securities, subject to necessary provisions & approvals. (As Per BSE Announcement Website dated on 17.07.2009) Indiabulls Financial Services Ltd has informed BSE that the Members at the Extra Ordinary General Meeting (EGM) of the Company held on July 18, 2009, have accorded their consent, by passing a Special Resolution under Section 81(1A) of the Companies Act, 1956, to issue and allot, in one or more tranches, Equity Shares or Fully Convertible Debentures (FCDs) / Partly Convertible Debentures (PCDs) or any other securities (other than warrants), which are convertible into or exchangeable with the Equity Shares of the Company at a later date (hereinafter collectively referred to as 'Other Specified Securities' and together with Equity Shares referred to as the 'Specified Securities' within the meaning of Chapter XIII-A 'Guidelines for Qualified Institutions Placement' of the SEBI (Disclosure and Investor Protection) Guidelines, 2000, as amended from time to time, ('SEBI Guidelines')] or any combination of Specified Securities as may be decided by the Board of Directors of the Company (hereinafter referred to as the 'Board' which term shall be deemed to include any committee thereof, constituted for the purpose), for an amount up to USD 200 million (United States Dollars Two Hundred Million only) or its Indian Rupee equivalent, inclusive of such premium, as may be finalized by the Board, to Qualified Institutional Buyers pursuant to a Qualified Institutions Placement, as provided under the SEBT Guidelines, at such price being not less than the price determined in accordance with the pricing formula of the aforementioned SEBI Guidelines, and such issue and allotment to be made on such terms and conditions as may be decided by the Board at the time of issue or allotment of the Specified Securities. (As Per BSE Announcement Website dated on 18.07.2009) Indiabulls Financial Services Ltd has informed BSE that subsequent to the approval accorded by the Shareholders of the Company under Section 81(1A) and other applicable provisions of the Companies Act, 1956, at their Extraordinary General Meeting held on July 18, 2009, to the issuance of Equity shares and / or other securities by way of a Qualified Institutions Placement with Qualified Institutional Buyers (QIBs) in terms of Chapter XIII-A of the SEBI (Disclosure and Investor Protection) Guidelines, 2000, as amended, up to an amount USD 200 million (United States Dollars Two Hundred million) or its Indian Rupee equivalent, the duly authorised Committee of the Board of Directors of the Company has, at its meeting held on July 20, 2009, decided to make an issuance of Equity shares face value Rs 2 each in the Company, to QIBs under the said Qualified Institutions Placement and for this purpose, to open the issue on July 20, 2009. The Committee also approved of a Preliminary Placement Document in respect of the Equity shares proposed to be issued as aforesaid. (As Per BSE Announcement Website dated on 20.07.2009) 
01-Feb-08
The Board has decided to convene an Extra Ordinary General Meeting of the Shareholders to be held on February 01, 2008, for the purpose of obtaining the approval of shareholders in the following matters, and have approved the notice to be sent to the Shareholders containing the agenda and the explanatory statement: 1. To further issue of shares by International Offerings through a public issue of convertible securities / ADRs / GDRs and FCCBs convertible into Equity Shares of the Company upto US$ 1 billion. 2. For borrowing monies, which together with monies already borrowed (apart from temporary loans obtained from the Company's bankers in the ordinary course of business), in excess of the paid up capital of the Company and its free reserves. 3. Alteration in the Articles of Association of the Company to facilitate the appointment of Vice Chairman. 4. Approval for creating ESOP Schemes in compliance with the terms of the Scheme of Arrangement, between Indiabulls Credit Services Ltd (ICSL) and the Company, approved by the Hon'ble High Court of Delhi vide its order dated November 23, 2007. The Company has further informed BSE that the Board of Directors has also decided to postpone the Extra Ordinary General Meeting of the members of the Company scheduled to be held on February 01, 2008 with a view to include additional agenda item(s) including, inter alia, modification of the terms of its existing ESOP Plan i.e. Indiabulls Employees Stock Option Plan - II, and to consider the agenda items to be transacted in the Board Meeting scheduled to be held on February 05, 2008. The Company shall separately inform its shareholders regarding the new date on which approval of the shareholders will be sought in this regard through Public announcement in the leading news papers and shall also send the revised Notice for seeking shareholders approval in this regard and shall also keep the exchanges informed. (As Per BSE Announcement Website Dated on 29/01/2008) 
17-Sep-07
Indiabulls Financial Services Ltd has informed BSE that pursuant to the order made by the Hon'ble High Court of Delhi at New Delhi, a meeting of the equity shareholders of the Company will be held on September 17, 2007, for the purpose of considering, and if thought fit, approving with or without modification(s), the proposed Scheme of Arrangement between Indiabulls Credit Services Ltd, Indiabulls Financial Services Ltd & Indiabulls Securities Ltd & their respective shareholders & creditors. Indiabulls Financial Services Limited has informed the exchange regarding the minutes of the Court Covened Meeting of the Equity Shareholders of the Company held on September 17, 2007, pursuant to the order dated July 31, 2007 passed by Hon'ble High Court of Delhi, for approving the proposed Scheme of Arrangement between Indiabulls Credit Services Limited, Indiabulls Financial Services Limited and Indiabulls Securities Limited and their respective shareholders and creditors. (As per NSE Bulletin dated on 17/10/2007) 

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
I D F C 21,873.71 12.39 1.63 11.65 13.9 10.6 3.56
Shriram Trans. 17,472.76 12.84 2.43 8.06 20.6 13.4 4.10
M & M Financial 15,020.69 17.41 3.37 9.49 22.8 13.6 4.34
L&T Fin.Holdings 13,202.50 118.31 3.74 80.10 2.8 3.8 0.07
Vatsa Corpn 10,250.98 0.00 1.35 0.00 0.0 0.0 0.00
Bajaj Finserv 9,822.92 144.22 4.08 80.93 5.4 7.6 0.00
Reliance Capital 8,207.73 12.40 0.71 10.23 5.7 9.7 2.06
Bajaj Fin. 7,146.17 12.09 2.12 9.86 24.0 13.3 4.99
Sundaram Finance 5,998.84 14.63 2.87 7.51 21.4 13.1 5.32
Shri.City Union. 5,822.98 12.95 2.64 8.04 23.3 14.1 5.75
KSK Electricity 5,418.99 3,168.33 9.36 0.00 0.3 0.4 0.00
India Securities 4,926.38 0.00 57.40 0.00 0.0 0.0 1.78
Religare Enterp. 4,865.21 111.52 2.26 0.00 0.0 0.0 0.00
DSP Merrill Lyn 4,689.56 24.85 2.36 0.00 10.4 14.2 0.00
Muthoot Finance 4,629.65 4.61 1.24 6.23 41.9 20.6 7.35

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Key Information

Key Executives:

Sameer Gehlaut , Whole-time Director 

Rajiv Rattan , Director 

Surabh K Mittal , Director 

Gagan Banga , Whole Time Director & CEO 


Company Head Office / Quarters:
F-60 Malhotra Building,
2nd Floor Connaught Place,
New Delhi,
New Delhi-110001
Phone : 91-11-51523700
Fax : 91-11-51529071
E-mail : ajan@indiabulls.com
Web : http://financial.indiabulls.com
Registrars:
Karvy Computershare Pvt Ltd
Karvy House 46
Road No 4 Street No1
Banjara Hills
Hyderabad - 500034Plot No 17-24
Vittal Rao Nagar
Madhapur
Hyderabad-500081

Fund Holding

 
Scheme Name No. of Shares
No data found

Calendar

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