In furtherance to our intimation dated 03/08/2022, we inform that Issuance Committee of the Board of the Company, at its meeting held on August 22, 2022, approved the allotment of 1,11,16,690 equity shares of Rs 2 each of the Company, to the public shareholders of SORIL, who were entitled to receive 1 equity share of face value Rs. 2 each of the Company for every 1 equity share of face value of Rs. 10 each, held by them in SORIL on i.e. August 19, 2022. This is pursuant to the NCLT approved Scheme of Amalgamation, involving SORIL and Yaari, amongst others. Further, vide our intimation dated 19/08/2022, the Record Date of September 2, 2022 has been fixed for ascertainment of shareholders of the Company who, shall be entitled to receive 1 equity share of face value Rs. 2 each of Indiabulls Enterprises Limited (IEL) for every 1 equity share of face value of Rs. 2 each, held by them in the Company. The equity shares, to be allotted by IEL will be submitted for listing with BSE and NSE.