tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Indiabulls Limited Confirms No Deviation in Fund Utilization Post-Merger

Story Highlights
Indiabulls Limited Confirms No Deviation in Fund Utilization Post-Merger

Meet Your ETF AI Analyst

An update from Yaari Digital Integrated Services Limited ( (IN:YAARI) ) is now available.

Indiabulls Limited has announced that there has been no deviation in the use of funds raised through the preferential issue of convertible warrants by Dhani Services Limited, which has merged with Indiabulls. This confirmation was provided by Acuité Ratings and Research Limited and noted by the company’s Audit Committee. The merger is part of a broader restructuring initiative approved by the National Company Law Tribunal, aimed at simplifying the holding structure and improving operational efficiency. The restructuring, which includes the consolidation of 17 entities, was completed in October 2025, and the company has officially changed its name to Indiabulls Limited.

More about Yaari Digital Integrated Services Limited

Indiabulls Limited, formerly known as Yaari Digital Integrated Services Limited, operates in the financial services industry. The company is involved in providing a range of financial products and services, with a focus on enhancing operational efficiency through strategic restructuring and consolidation efforts.

Average Trading Volume: 16,191

Technical Sentiment Signal: Hold

Current Market Cap: 2.1B INR

For a thorough assessment of YAARI stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1