Scheme of Arrangement of Indiabulls Real Estate Ltd.

• Notice No: 20111129-5
• Notice Date: 29 Nov 2011
• Category: Corporate Actions
• Segment: Equity

SUB. :- Scheme of Arrangement of Indiabulls Real Estate Ltd. (Scrip Code 532832)

Trading Members of the Exchange are hereby informed that, Indiabulls Real Estate Ltd. has fixed the Record Date for the purpose of determining entitlement to the shareholders of the Company pursuant to the Scheme of Arrangement of the Company approved by Hon’ble High Court of Delhi.

COMPANY NAME CODE	RECORD DATE	PURPOSE	EX-ENTITLEMENT  FROM DATE & SETT. NO.
Indiabulls Real Estate Ltd. (532832 & 632832)	08/12/2011	Scheme of Arrangement: - Demerger of the Power Business Undertaking of Indiabulls Real Estate  Ltd. into Indiabulls Infrastructure and Power Ltd. In consideration of the Demerger, including the transfer and vesting of  the Power Business Undertaking by Indiabulls Real Estate  Ltd. to Indiabulls Infrastructure and Power  Ltd. in terms of this Scheme, Indiabulls Infrastructure and Power  Ltd. shall issue and allot to the shareholders of Indiabulls Real Estate    Ltd., in the ratio of 2.95 (TWO POINT NINE FIVE) equity shares of  face value Rs.2/- each fully paid up of Indiabulls Infrastructure and Power  Ltd. for every 1 (ONE) equity share of face value Rs.2/- each fully paid up held in Indiabulls Real Estate Ltd.	07/12/2011 DR-170/2011- 2012

Trading Members of the Exchange are requested to take note of it.

Jeevan Noronha

Dy. Manager - DCS

November 29, 2011