Allotment of Equity shares pursuant to exercise of stock options under Indiabulls Ventures Limited Employees Stock Option Scheme - 2008’

• Security Code: 532960
• Company: DHANI

Indiabulls Ventures Ltd has informed BSE that on February 23, 2017, Indiabulls Ventures Limited (formerly Indiabulls Securities Limited) (“the Company”), has issued and allotted 8,90,518 (Eight Lac Ninety Thousand Five Hundred Eighteen) Equity shares of face value Rs. 2/- each, to eligible employees upon exercise of options vested in their 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. 58,86,13,840/- divided into 29,43,06,920 Equity shares of face value Rs. 2/- each.