INDIABULLS

Orthia Land Development Private Limited has submitted to the Exchange a copy of Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and Disclosure under Regulation 13(4A) of SEBI (Prohibition of Insider Trading) Regulations, 1992.

Indiabulls Financial Services Limited has informed the Exchange that upon exercise of stock options vested, in terms of Employees Stock Option Plan- 2008, by certain eligible employees, the Compensation Committee of the Board of Directors of the Company at its meeting held on January 06, 2012, has allotted an aggregate of 45,890 ( Forty Five Thousand Eight Hundred and Ninety) Equity shares of face value Rs. 2/- each to such employees. Consequent to the said allotment, the paid-up equity share capital of the Company stands increased from Rs. 62,28,03,974/- divided into 31,14,01,987 equity shar

Spurt in Volume : Substantial increase in trading volumes have been observed in Indiabulls Financial Services Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Indiabulls Financial Services Limited has vide its letter inter-alia stated, "We wish to confirm that there is no information / announcement (including pending announcement), which in our opinion may have a bearing on the price / volume behavior in the scrip."

Indiabulls Financial Services Limited has informed the Exchange that upon exercise of stock options vested, in terms of (1) IBFSL-ICSL Employees Stock Option Plan II - 2006 and (2) Employees Stock Option Plan- 2008, by certain eligible employees, the Compensation Committee of the Board of Directors of the Company at its meeting held on December 05, 2011, has allotted an aggregate of 1,94,709 (One Lac Ninety Four Thousand Seven Hundred and Nine) Equity shares of face value Rs. 2/- each to such employees. Consequent to the said allotment, the paid-up equity share capital of the Company stands in

Farallon Capital Management, LLC has submitted to the Exchange a copy of Disclosure under 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Farallon Capital Management, LLC has submitted to the Exchange a copy of Disclosure under 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Hespera Infrastructure Pvt Ltd has submitted to the Exchange a copy of Disclosure under 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and Disclosure under 13(4A) of SEBI (Prohibition of Insider Trading) Regulations, 1992.

Priapus Properties Private Limited has submitted to the Exchange a copy of Disclosure under 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and Disclosure under 13(4A) of SEBI (Prohibition of Insider Trading) Regulations, 1992.

Orthia Developers Private Limited has submitted to the Exchange a copy of Disclosure u/r 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and u/r 13(4A) of SEBI (Prohibition of Insider Trading) Regulations, 1992.

Orthia Land Development Private Limited has submitted to the Exchange a copy of Disclosure u/r 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and u/r 13(4A) of SEBI (Prohibition of Insider Trading) Regulations, 1992.

Indiabulls Financial Services Limited has submitted to the Exchange a copy of disclosure under regulation 13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992.

Indiabulls Financial Services Limited has informed the Exchange that the Company has fixed November 04, 2011 as the Record Date for the purpose of determining the names of members eligible for receipt of interim dividend. Further, the dividend will be paid on or before November 19, 2011.

Indiabulls Financial Services Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on October 21, 2011 has declared an Interim Dividend of Rs. 6/- per share on the face value of Rs. 2 per share, for the financial year 2011-2012. The dividend will be paid on or before November 19, 2011.

Indiabulls Financial Services Limited has submitted to the Exchange a copy of an Earnings Update of Indiabulls Financial Services Limited for the quarter ended September 30, 2011.

Indiabulls Financial Services Limited has submitted to the Exchange the Standalone and Consolidated Financial Results for the period ended September 30,2011.

Indiabulls Financial Services Limited has informed the Exchange that upon exercise of stock options vested, in terms of Employees Stock Option Plan � 2008, by certain eligible employees, the Compensation Committee of the Board of Directors of the Company at its meeting held on September 13, 2011, has allotted an aggregate of 37,570 (Thirty Seven Thousand Five Hundred and Seventy) Equity shares of face value Rs. 2/- each to such employees. Consequent to the said allotment, the paid-up Equity share capital of the Company stands increased from Rs. 62,23,39,416/- divided into 31,11,69,708 Equity s

Indiabulls Financial Services Limited has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2011 as follows: Net Sales of Rs. 63225.81 lacs for quarter ending on 30-JUN-2011 against Rs. 38452.22 lacs for the quarter ending on 30-JUN-2010. Net Profit / (Loss) of Rs. 17559.47 lacs for the quarter ending on 30-JUN-2011 against Rs. 12824.08 lacs for the quarter ending on 30-JUN-2010.

Indiabulls Financial Services Limited has submitted to the Exchange a copy of an Earnings Update of Indiabulls Financial Services Limited for the quarter ended June 30, 2011.

Indiabulls Financial Services Limited has informed the Exchange regarding the consolidated Results for the quarter ended on 30-JUN-2011 as follows: Net Sales of Rs. 75765.84 lacs for quarter ending on 30-JUN-2011 against Rs. 43370.55 lacs for the quarter ending on 30-JUN-2010. Net Profit / (Loss) of Rs. 21952.05 lacs for the quarter ending on 30-JUN-2011 against Rs. 13149.49 lacs for the quarter ending on 30-JUN-2010.

Indiabulls Financial Services Limited has submitted to the Exchange the Standalone and Consolidated Financial Results for the period ended June 30,2011.

Indiabulls Financial Services Limited has submitted to the Exchange a copy of the minutes of the Annual General Meeting of the members of the Company held on June 27, 2011.

Indiabulls Financial Services Limited has informed the Exchange that the Members of the Company have, in their Annual General Meeting held on June 27, 2011, accorded their approval to all the businesses set out in the Annual General Meeting Notice dated May 31, 2011.

Indiabulls Financial Services Limited has informed the Exchange that upon exercise of stock options vested, in terms of (1) IBFSL-ICSL Employees Stock Option Plan - 2006 and (2) Employees Stock Option Plan- 2008, by certain eligible employees, the Compensation Committee of the Board of Directors of the Company at its meeting held on June 09, 2011, has allotted an aggregate of 61,520 (Sixty One Thousand Five Hundred And Twenty) Equity shares of face value Rs. 2/- each to such employees. Consequent to the said allotment, the paid-up equity share capital of the Company stands increased from Rs. 6

Indiabulls Financial Services Limited has submitted to the Exchange a copy of Notice of the Annual General Meeting of the Company to be held on June 27, 2011.

Indiabulls Financial Services Limited has informed the Exchange that the Register of Members and Share Transfer Books of the Company shall remain closed during the period from June 20, 2011 to June 27, 2011 (both days inclusive), for the purpose of (a) the AGM, and (b) to determine the names of the Shareholders eligible for payment of final dividend.

Indiabulls Financial Services Limited has informed the Exchange that upon exercise of stock options vested, in terms of (1) IBFSL-ICSL Employees Stock Option Plan - 2006, (2)IBFSL-ICSL Employees Stock Option Plan II- 2006 and (3) Employees Stock Option Plan- 2008, by certain eligible employees, the Compensation Committee of the Board of Directors of the Company at its meeting held on May 03, 2011, has allotted an aggregate of 81,658 (Eighty One Thousand Six Hundred And Fifty Eight) equity shares of face value Rs. 2/- each to such employees. Consequent to the said allotment, the paid-up equity

Indiabulls Financial Services Limited has submitted to the Exchange a copy of an Earnings Update of Indiabulls Financial Services Limited for the financial year ended March 31, 2011.

Indiabulls Financial Services Limited has informed the Exchange that the Board of Directors of the Company at its Meeting held on April 22, 2011 has recommended a dividend of Rs.5/-per Equity share (250% on the face value of Rs.2 per share) for the financial year ended March 31, 2011, subject to approval of shareholders at the ensuing Annual General Meeting of the Company.

Indiabulls Financial Services Limited has submitted to the Exchange the Standalone and Consolidated Financial Results for the period ended March 31,2011.

Indiabulls Financial Services Limited has informed the Exchange that upon exercise of stock options vested, in terms of (1) IBFSL-ICSL Employees Stock Option Plan - 2006 and (2)IBFSL-ICSL Employees Stock Option Plan II- 2006 (3) Employees Stock Option Plan- 2008, by certain eligible employees, the Compensation Committee of the Board of Directors of the Company at its meeting held on April 08, 2011, has allotted an aggregate of 34,412 (Thirty Four Thousand Four Thousand Four Hundred And Twelve) Equity shares of face value Rs. 2/- each to such employees. Consequent to the said allotment, the pai

Indiabulls Financial Services Limited has informed the Exchange that Securities and Exchange Board of India ('SEBI') has granted its "Certificate of Registration" on March 24, 2011 to "Indiabulls Mutual Fund", sponsored by the Company. SEBI has also granted its approval to "Indiabulls Asset Management Company Limited", a 100% subsidiary of the Company to act as "Asset Management Company" to "Indiabulls Mutual Fund".

Indiabulls Financial Services Limited has submitted to the Exchange a copy of an Earnings Update of Indiabulls Financial Services Limited for the quarter ended December 31, 2010.

Indiabulls Financial Services Limited has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2010 as follows: Net Sales of Rs. 49034.23 lacs for quarter ending on 31-DEC-2010 against Rs. 29180.78 lacs for the quarter ending on 31-DEC-2009. Net Profit / (Loss) of Rs. 17398.22 lacs for the quarter ending on 31-DEC-2010 against Rs. 5712.26 lacs for the quarter ending on 31-DEC-2009.

Indiabulls Financial Services Limited has informed the Exchange regarding the consolidated Results for the quarter ended on 31-DEC-2010 as follows: Net Sales of Rs. 59620.68 lacs for quarter ending on 31-DEC-2010 against Rs. 33013.25 lacs for the quarter ending on 31-DEC-2009. Net Profit / (Loss) of Rs. 20254.37 lacs for the quarter ending on 31-DEC-2010 against Rs. 6399.5 lacs for the quarter ending on 31-DEC-2009.

Indiabulls Financial Services Limited has submitted to the Exchange the Standalone and Consolidated Financial Results for the period ended December 31,2010.

Indiabulls Financial Services Limited has informed the Exchange that upon exercise of stock options vested, in terms of (1) IBFSL-ICSL Employees Stock Option Plan II - 2006 and (2) Employees Stock Option Plan- 2008, by certain eligible employees, the Compensation Committee of the Board of Directors of the Company at its meeting held on January 19, 2011, has allotted an aggregate of 1,76,876 (One Lac Seventy Six Thousand Eiqht Hundred Seventy Six) Equity shares of face value Rs. 2/- each to such employees. Consequent to the said allotment, the paid-up Equity share capital of the Company stands

Indiabulls Financial Services Limited has informed the Exchange that the Compensation Committee constituted by the Board of Directors of the Company has, at its meeting held on January 11, 2011, granted, 2,00,000 (Two Lac) Stock Options, under the "Employees Stock Option Plan 2008", representing an equal number of equity shares of face value Rs.2/- each in the Company, at an exercise price of Rs.153.65, being the latest available closing market price on the National Stock Exchange of India Ltd., as on January 10, 2011. The Stock Options so granted, shall vest within 10 years beginning from Jan

Indiabulls Financial Services Limited has informed the Exchange that the Company has sold its 26% stake, held by it in Indian Commodity Exchange Limited (ICEX), to Reliance Exchangenext Limited.The Company now holds 14% stake in ICEX.

Indiabulls Financial Services Limited has informed the Exchange that upon exercise of stock options vested, in terms of (1) IBFSL-ICSL Employees Stock Option Plan - 2006 (2) IBFSL-ICSL Employees Stock Option Plan II - 2006 and (3) Employees Stock Option Plan- 2008, by certain eligible employees, the Compensation Committee of the Board of Directors of the Company at its meeting held on December 01, 2010, has allotted an aggregate of 2,86,752 (Two Lac Eighty Six Thousand Seven Hundred And Fifty Two) Equity shares of face value Rs. 2/- each to such employees. Consequent to the said allotment, the

Indiabulls Financial Services Limited has informed the Exchange that CARE has upgraded our rating to "CARE AA+" [Double A Plus] from its earlier assigned rating "CARE AA" [DOUBLE A] to the Company's Long Term Debt Programme (including NCDs and Bank Borrowings). The company already has been assigned the following ratings: 1)"AA/Stable" (pronounced "Double A rating with stable outlook") from CRISIL,a Standard & Poor's Company. 2)"LAA" (pronounced L Double A) by ICRA (An Associate of Moody's Investors Service) to the company's Non Convertible Debentures programme.

Indiabulls Financial Services Limited has submitted to the Exchange a copy of the minutes of the Extra Ordinary General Meeting of the members of the Company held on September 30, 2010.

Indiabulls Financial Services Limited has informed the Exchange that upon exercise of stock options vested in terms of (1) IBFSL-ICSL Employees Stock Option Plan - 2006 (2) IBFSL-ICSL Employees Stock Option Plan II - 2006 and (3) Employees Stock Option Plan- 2008, by certain eligible employees and receipt of full consideration therefor, the Board of Directors of the Company at its meeting held on October 22, 2010, has allotted an aggregate of 1,86,862 (One Lac Eighty Six Thousand Eight Hundred And Sixty Two) Equity shares of face value Rs. 2/- each to such employees, being 39,500 Equity shares

Indiabulls Financial Services Limited has informed the Exchange that the Board of Directors has fixed November 02, 2010 as the Record Date for the purposes of determining the names of Members eligible for receipt of Interim Dividend. Further, the Interim Dividend will be paid on or before November 19, 2010.

Indiabulls Financial Services Limited has submitted to the Exchange a copy of an Earnings Update of Indiabulls Financial Services Limited for the quarter ended September 30, 2010.

Indiabulls Financial Services Limited has informed the Exchange that the Board of Directors of the Company at its Meeting held on October 21, 2010 have declared an Interim Dividend of Rs.5 per share (250% on the face value of Rs.2 per share) for the Financial year 2010-2011.

Indiabulls Financial Services Limited has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2010 as follows: Net Sales of Rs. 45755.22 lacs for quarter ending on 30-SEP-2010 against Rs. 25600.28 lacs for the quarter ending on 30-SEP-2009. Net Profit / (Loss) of Rs. 14766.37 lacs for the quarter ending on 30-SEP-2010 against Rs. 6234.26 lacs for the quarter ending on 30-SEP-2009.

Indiabulls Financial Services Limited has submitted to the Exchange the Standalone and Consolidated Financial Results for the period ended September 30,2010.

Indiabulls Financial Services Limited has informed the Exchange regarding the consolidated Results for the quarter ended on 30-SEP-2010 as follows: Net Sales of Rs. 54135.71 lacs for quarter ending on 30-SEP-2010 against Rs. 29659.03 lacs for the quarter ending on 30-SEP-2009. Net Profit / (Loss) of Rs. 17267.7 lacs for the quarter ending on 30-SEP-2010 against Rs. 7112.63 lacs for the quarter ending on 30-SEP-2009.

Indiabulls Financial Services Limited has informed the Exchange that the Members of the Company have, in the EGM held on September 30, 2010, accorded their approval to the business set out in the EGM notice dated August 31, 2010.

Indiabulls Financial Services Limited has informed the Exchange that "CRISIL has upgraded its rating to "AA/Stable" (pronounced "Double A rating with stable outlook") from its earlier assigned rating "AA-/Positive" (pronounced "Double A minus rating with positive outlook") to the Long Term Debt Programme (including NCDs and Bank Borrowings) of Indiabulls Housing Finance Limited and Indiabulls Infrastructure Credit Limited (the subsidiary companies of Indiabulls Financial Services Limited). Further, CRISIL has reaffirmed its P1+ rating to the Short Term Debt Programme of both the subsidiary com