INDIABULLS

Indiabulls Financial Services Limited has informed the Exchange regarding the standalone Results for the quarter ended on 31-DEC-2007 as follows: Net Sales of Rs. 32674 lacs for quarter ending on 31-DEC-2007 against Rs. 6891 lacs for the quarter ending on 31-DEC-2006. Net Profit / (Loss) of Rs. 10515 lacs for the quarter ending on 31-DEC-2007 against Rs. 3630 lacs for the quarter ending on 31-DEC-2006.

Indiabulls Financial Services Limited has informed the Exchange regarding the consolidated Results for the quarter ended on 31-DEC-2007 as follows: Net Sales of Rs. 45346 lacs for quarter ending on 31-DEC-2007 against Rs. 33368 lacs for the quarter ending on 31-DEC-2006. Net Profit / (Loss) of Rs. 16388 lacs for the quarter ending on 31-DEC-2007 against Rs. 11176 lacs for the quarter ending on 31-DEC-2006.

Indiabulls Financial Services Limited has informed the Exchange vide its letter dated January 05, 2008, that: "The Board of Directors of the Company in its meeting held today i.e. January 5, 2008 have decided to convene an Extra Ordinary General Meeting of the Shareholders to be held on Friday, February 1, 2008 for the purpose of obtaining the approval of shareholders in the following matters, and have approved the notice to be sent to the Shareholders containing the agenda and the explanatory statement: 1) Approval under Section 81 (1A) and other applicable provisions, if any, of the Companie

Indiabulls Financial Services Limited has informed the Exchange that : "Indiabulls Financial Services Limited (IBFSL) has entered into a memorandum of understanding (MOU), with Societe Generale Insurance for its upcoming life insurance joint venture. Societe Generale, through its French life insurance company, Sogecap, will own 26% of the future joint venture. Indiabulls has already received the Reserve Bank of India's approval to invest in the joint venture, and has also approached IRDA, the Insurance Regulatory and Development Authority, for the necessary regulatory approvals". The detail of

Indiabulls Financial Services Limited has informed the Exchange that: "In compliance with the terms of the Scheme of Arrangement between lndiabulls Credit Services Limited ( ICSL), the Company, Indiabulls Securities Limited ( ISL) and their respective shareholders and creditors, for merger of ICSL with the Company and demerger of the Securities and Advisory Business Undertaking of the Company and its transfer and vesting in ISL as a going concern, duly approved by the High Court of Delhi, at New Delhi vide its order dated November 23rd 2007 (received on 20th December 2007), the Board of Direct

Indiabulls Financial Services Limited has informed the Exchange that the Board of Directors of the Company has, at its meeting held on December 24, 2007, fixed January 08, 2008 as the Record Date for ascertaining the list of Shareholders of Indiabulls Financial Services Limited (the "Company" or "IBFSL") who would be entitled to be allotted shares in Indiabulls Securities Limited (the "Resulting Company" or "ISL") in terms of the Scheme of Arrangement between Indiabulls Credit Services Limited ("ICSL"), the Company and the Resulting Company for merger of ICSL with the Company and demerger of t

Indiabulls Financial Services Limited has informed the Exchange that: "The Hon'ble High Court of Delhi at New Delhi has, vide order dated 23rd November, 2007, received on 14th December, 2007, sanctioned the Scheme of Arrangement between Indiabulls Credit Services Limited (ICSL), Indiabulls Financial Services Limited (the "Company"), and Indiabulls Securities Limited (ISL) and their respective shareholders and creditors for the merger of ICSL with the Company & demerger of Securities Broking & Advisory Business Undertaking of the Company and its transfer and vesting, as a going concern, with IS

Indiabulls Financial Services Limited has informed the Exchange that: "The Rating Committee of CRISIL has assigned the highest rating of "P1+" (pronounced 'P one plus') to the Rs. 2000 crore Short Term Debt Programme of the Company (enhanced from Rs. 1000 crore). CRISIL is a majority-owned subsidiary of Standard and Poor's, the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data".

Indiabulls Financial Services Limited has informed the Exchange that : " The company has received a letter from MMTC dated 23rd October, 2007 where MMTC has stated that Govt of India , Ministry of Commerce & Industry has approved the proposal of MMTC for setting up of a multi commodities exchange in partnership with Indiabulls Financial Services Ltd. For the purpose of setting up the multi commodities exchange a SPV will be formed where MMTC will hold a 26% stake and Indiabulls Financial Services Ltd will hold 74% stake. The equity capital of the SPV will be Rs 100 crores and two shareholders

Indiabulls Financial Services Limited has informed the Exchange that the Company's Board of Directors was scheduled to meet on October 23, 2007 inter alia to consider the declaration of an interim dividend (if any), on the Equity shares of the Company, for the financial year 2007-08. In this connection, the Company has informed that no interim dividend on the Equity Shares of the Company had been declared at the said meeting.

Indiabulls Financial Services Limited has informed the Exchange regarding the Earnings Update for the quarter ended September 30, 2007 titled as "Indiabulls Financial Services Limited; Earnings Update - Q2 FY08; Unaudited Results; October 23, 2007". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/indiabulls_earnings_231007.zip target=NEW> For more details click here.</a>

Indiabulls Financial Services Limited has informed the Exchange regarding the consolidated Results for the quarter ended on 30-SEP-2007 as follows: Net Sales of Rs. 49287 lacs for quarter ending on 30-SEP-2007 against Rs. 26979 lacs for the quarter ending on 30-SEP-2006. Net Profit / (Loss) of Rs. 17320 lacs for the quarter ending on 30-SEP-2007 against Rs. 9510 lacs for the quarter ending on 30-SEP-2006.

Indiabulls Financial Services Limited has informed the Exchange regarding the consolidated Results for the half year ended on 30-SEP-2007 as follows: Net Sales of Rs. 93558 lacs for half year ending on 30-SEP-2007 against Rs. 49002 lacs for the half year ending on 30-SEP-2006. Net Profit / (Loss) of Rs. 33954 lacs for the half year ending on 30-SEP-2007 against Rs. 17171 lacs for the half year ending on 30-SEP-2006.

Indiabulls Financial Services Limited has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2007 as follows: Net Sales of Rs. 37736 lacs for half year ending on 30-SEP-2007 against Rs. 12477 lacs for the half year ending on 30-SEP-2006. Net Profit / (Loss) of Rs. 16886 lacs for the half year ending on 30-SEP-2007 against Rs. 4831 lacs for the half year ending on 30-SEP-2006.

Indiabulls Financial Services Limited has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2007 as follows: Net Sales of Rs. 26371 lacs for quarter ending on 30-SEP-2007 against Rs. 6587 lacs for the quarter ending on 30-SEP-2006. Net Profit / (Loss) of Rs. 11705 lacs for the quarter ending on 30-SEP-2007 against Rs. 3063 lacs for the quarter ending on 30-SEP-2006.

Indiabulls Financial Services Limited has submitted to the Exchange a copy of the minutes of the Annual General Meeting of the Equity Shareholders of the Company held on September 17, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/indiabulls-Min_18102007.zip target=NEW> For more details click here.</a>

Indiabulls Financial Services Limited has informed the exchange regarding the minutes of the Court Covened Meeting of the Equity Shareholders of the Company held on September 17, 2007, pursuant to the order dated July 31, 2007 passed by Hon'ble High Court of Delhi, for approving the proposed Scheme of Arrangement between Indiabulls Credit Services Limited, Indiabulls Financial Services Limited and Indiabulls Securities Limited and their respective shareholders and creditors. A copy of the minutes shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Annou

Indiabulls Financial Services Limited has informed the Exchange that the shareholders of the Company have unanimously accorded their approval to the following at the Annual General Meeting of the Company held on September 17, 2007 : 1) Declaration of Final Dividend of Rs. 1/- per equity share (50% on the face value of Rs. 2 per equity share. 2) Re-appointment of Mr. Gagan Banga as a Director of the Company, liable to retire by rotation. 3) Re-appointment of Mr. Karan Singh as a Director of Company, Liable to retire by rotation. 4) Re-appointment of M/s Deloitte Haskins & Sells, Chartered Accou

Indiabulls Financial Services Limited has informed the Exchange that: "As per the directions of the Hon'ble High Court of Delhi at New Delhi, a court convened meeting of the Equity Shareholders of the Company was held on September 17, 2007 to consider the proposed Scheme of Arrangement between Indiabulls Credit Services Limited, Indiabulls Financial Services Limited and Indiabulls Securities Limited and their respective shareholders and creditors as per notice dated August 13, 2007. The said Scheme of Arrangement has been unanimously approved by the Equity shareholders of the Company, and is n

Indiabulls Financial Services Limited has informed the Exchange that "the Rating Committee of CRISIL has assigned the highest rating of "P1+" (pronounced 'P one plus') to the Rs. 1000 crore Short Term Debt Programme of the Company (enhanced from Rs.750 crore)".

Indiabulls Financial Services Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on August 24, 2007, has decided to convene the AGM of the shareholders of the Company on September 17, 2007. Further, for the purpose of the said Annual General Meeting, and to determine the names of the members eligible for payment of final dividend, if declared, the Register of Members and Share Transfer Books of the Company shall remain closed during the period September 10, 2007 to September 17, 2007 (both days inclusive). The dividend payout will start on or after

Indiabulls Financial Services Limited has informed the Exchange that: "The CRISIL has assigned the highest broker grading "CRISIL BQ 1" to Indiabulls Securities Ltd., a 100% subsidiary of Indiabulls Financial Services Ltd. (IBFSL) As has already been intimated earlier, CRISIL has assigned the highest rating of "P1 +" (pronounced as "P one Plus") for unsecured short term borrowing programme of Rs. 7.50 billion of IBFSL. CRISIL has also assigned its highest rating "AAA (SO)" for Pass through Certificates, in relation to loan receivables of Indiabulls Credit Services Ltd. (ICSL), and credit Opin

Indiabulls Financial Services Limited has informed the Exchange that by an order made on the July 31, 2007 the Hon'ble High Court of Delhi has directed that a meeting of the equity Shareholders of the Applicant company No.2 (India Bulls Financial Services Limited ) be held on September 17, 2007 for the purpose of considering, and if through fit, approving with or without modification(s) the proposed Scheme of arrangement between Indiabulls Credit Services Limited, Indiabulls Financial Services Limited and Indiabulls Securities Limited and their respective shareholders and Creditors. The copy o

Indiabulls Financial Services Limited has informed the Exchange regarding the Earnings Update for the quarter ended June 30, 2007 titled as "Indiabulls Financial Services Limited Earnings Update - Q1 FY08 Unaudited Results July 24, 2007". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/IndiaBulls_Update_24072007.zip target=NEW> For more details click here.</a>

Indiabulls Financial Services Limited has informed the Exchange regarding the standalone Results for the quarter ended on 30-JUN-2007 as follows: Net Sales of Rs. 11365 lacs for quarter ending on 30-JUN-2007 against Rs. 5890 lacs for the quarter ending on 30-JUN-2006. Net Profit / (Loss) of Rs. 5182 lacs for the quarter ending on 30-JUN-2007 against Rs. 1769 lacs for the quarter ending on 30-JUN-2006.

Indiabulls Financial Services Limited has informed the Exchange regarding the consolidated Results for the quarter ended on 30-JUN-2007 as follows: Net Sales of Rs. 44271 lacs for quarter ending on 30-JUN-2007 against Rs. 22023 lacs for the quarter ending on 30-JUN-2006. Net Profit / (Loss) of Rs. 16636 lacs for the quarter ending on 30-JUN-2007 against Rs. 7662 lacs for the quarter ending on 30-JUN-2006.

Indiabulls Financial Services Limited has informed the Exchange that Smallcap World Fund Inc., has informed the Company regarding their disposition of equity shares of Indiabulls Financial Services Limited (IBFSL). The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/indiabulls_reg_110707.zip target=NEW> For more details click here.</a>

Indiabulls Financial Services Limited has informed the Exchange that: "With respect to SEBI order dated June 18, 2007 on dealing in futures and options contracts on NSE, some reports in press media suggest that Indiabulls Securities Ltd has been involved in fake trading / fixing of F&O prices. We wish to clarify that Indiabulls Securities Ltd or any of its group companies have not been involved in any fake trading or price fixing in F&O segment and have not traded directly or indirectly on its own account in the 23 trades on the F&O segments as mentioned in the SEBI order. Out of the mentioned

Indiabulls Financial Services Limited has informed the Exchange that Goldman Sachs Investments (Mauritius) I Limited ("GSIMI") has informed the Company regarding their disposition of equity shares of Indiabulls Financial Services Limited (IBFSL). The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/IndiabullsFin_Reg.zip target=NEW> For more details click here.</a>

Indiabulls Financial Services Limited had informed the Exchange regarding allotment of 21,056,661 equity shares of par value Rs.2 per share, underlying equivalent number of GDRs, each GDR representing 1 equity shares, priced at US$ 13.06 and aggregating US$ 275 million. The company has now informed the Exchange that: "The Board of Directors of the Company has, at its meeting held today, May 17, 2007, pursuant to over-allotment option exercised by Merrill Lynch International, allotted 1,914,242 (One million nine hundred fourteen thousand two hundred forty two) equity shares of par value Rs.2 pe

Indiabulls Financial Services Limited has informed the Exchange that " the Board of Directors of the Company in its meeting held today i.e. 15th May, 2007 have allotted 21,056,661 (Twenty One Million Fifty Six Thousand Six Hundred Sixty One) Equity Shares of par value Rs.2 per share ,as underlying shares representing 21,056,661 (Twenty One Million Fifty Six Thousand Six Hundred Sixty One) Global Depository Receipts (GDRs), each GDR representing 1 equity share and priced at US$ 13.06".

Indiabulls Financial Services Limited has informed the Exchange that "Indiabulls priced its US$ 275 million GDR offering on the Luxembourg Stock Exchange at US$ 13.06 per GDR. Each GDR represents one equity share of the Company of nominal value Rs. 2 each. The book closed on May 9, 2007 and the issue was priced after market hours on May 9, 2007. Goldman Sachs International and Merill Lynch International are acting as the Joint Lead Mangers and the Joint Lead Bookrunners for the offering. Indiabulls has also granted an over-allotment option of up to US$ 25 million, to Merill Lynch International

Indiabulls Financial Services Limited has submitted to the Exchange a copy of the minutes of the Extra Ordinary General Meeting held on March 30, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Indiabulls_EGMminutes.zip target=NEW> For more details click here.</a>

Indiabulls Financial Services Limited has informed the Exchange that: "Upon exercise of the option for conversion of 50,00,000 Series II warrants (out of 1,00,00,000 Series II Warrants) by the Promoters and receipt of exercise amounts aggregating Rs.60,69,00,000 (Rupees Sixty Crores and Sixty Nine Lacs only) (total subscription money less 10% upfront amount paid at the time of allotment of warrants), the Board of Directors of the Company at its meeting held today i.e. April 23, 2007, has allotted an aggregate of 50,00,000 (Fifty Lacs) Equity Shares of face value Rs.2 each at a conversion price

Indiabulls Financial Services Limited has informed the Exchange that: "Indiabulls Financial Services Limited ("IBFSL") is contemplating raising additional equity capital or securities linked to equity shares through issuance of Global Depository Receipts pursuant to authorisation received from its shareholders. In connection with the above proposed equity capital raising the Company has appointed Goldman Sachs and Merrill Lynch".

Indiabulls Financial Services Limited has informed the Exchange regarding the earning update for the quarter and year ended March 31, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Indiabulls_Ear_16042007.zip target=NEW> For more details click here.</a>

Indiabulls Financial Services Limited has informed the Exchange that "The Board of Directors of the Company at its meeting held today, April 16, 2007 has approved the audited financial results of the Company for the year ended March 31, 2007. We further inform that the Board of Directors has recommended a final dividend of Rs. 1 per share (50% on the face value of Rs. 2 per share) for the financial year 2006-07 subject to the approval of the Shareholders of the Company at the ensuing Annual General Meeting of the Company."

Indiabulls Financial Services Limited has informed the Exchange that: "Oberon Limited has decided to convert the 1,15,00,000 Convertible Preference Shares issued by the Company to Oberon Limited pursuant to the share subscription agreement dated June 18, 2006 (the "Agreement") into as many as Equity Shares of face value Rs. 2 each in the Company and have provided a conversion notice stating such intention to convert, under the terms of the Agreement. Pursuant to the exercise of option by Oberon Limited as aforesaid, the Board of Directors of the Company have; at their meeting held on 10.04.200

Indiabulls Financial Services Limited has informed the Exchange that " the Board of Directors of the Company at its meeting held today i.e. March 30, 2007 has allotted: (a) 12,00,000 Equity Shares of Rs 2 each to certain employees; and (b) 24,00,000 Equity Shares of Rs.2 each to ' IBFSL Employees Trust' which has been nominated by such employees to receive and hold such equity shares, for their benefit. Such allotments were pursuant to exercise of the right to accelerated vesting of stock options under the Employee Stock Option Plan 2004 by the aforesaid employees of the Company".

Indiabulls Financial Services Limited has informed the Exchange that "The requisite majority of the shareholders of the Company have accorded their approval to the following at the EGM of the Company held on March 30, 2007: (1) Amendments to the Indiabulls Employees Stock Option Scheme dated February 28, 2004 of the Company. (2) Amendments to the Indiabulls Employees Stock Option Plan -2005 dated July 26, 2005 of the Company".

Indiabulls Financial Services Limited has informed the Exchange that: "The Rating Committee of CRISIL has assigned the highest rating of "P1+" (pronounced 'P one plus') to the Rs. 750 crore Short Term Debt Programme of the Company (enhanced from Rs. 500 crore)".

Indiabulls Financial Services Limited has submitted to the Exchange a copy of the Notice convening an Extraordinary General Meeting of the Company on March 30, 2007. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/indiabulls_egm_060307.zip target=NEW> For more details click here.</a>

Indiabulls Financial Services Limited has informed the Exchange that: "A meeting of the Board of Directors of Indiabulls Financial Services Limited (the "Company") was convened today, March 6, 2007, whereby , subject to the approval of the shareholders as prescribed under the SEBI ( Employee Stock Option Scheme and Employees Stock Purchase Scheme) Guidelines, 1999, the Board authorized certain amendments to the terms of the Indiabulls Employees Stock Option Scheme dated February 28 2004 and the Indiabulls Employees Stock Option Plan-2005 dated July 26, 2005 and convened an extraordinary genera

The scheme of arrangement as finalised will be separately filed with the Stock Exchanges as per the provisions of the clause 24 of the Listing Agreement. Separately the Board noted the proposal for the acquisition of equity shares of Indiabulls Housing Finance Limited ("IHFL") held by minority investors to make IHFL a 100% subsidiary of the Company. The board has authorized a special committee to negotiate and finalize the terms and conditions on which the Company could acquire the equity shares of IHFL".

Indiabulls Financial Services Limited has informed the Exchange that "a meeting of the Board of Directors of Indiabulls Financial Services Limited (the "Company") was held today (i.e February 15, 2007), at which the proposal to restructure the business of the Company was considered and approved. This proposal is sought to be implemented in terms of a composite scheme of arrangement under the provisions of Sections 391-394 of the Companies Act, 1956 which will provide for: (i) the amalgamation of Indiabulls Credit Services Limited ("ICSL') with the Company in consideration for which the Company

Indiabulls Financial Services Limited has informed the Exchange that "a meeting of the Board of Directors of Indiabulls Financial Services Limited (the �Company�) was held today (i.e. February 4, 2007), at which the proposal to restructure/re-organize the business of the Company and its subsidiaries was discussed. It is proposed to consider alternatives for restructuring the Company including amalgamation of the entire business and undertaking of Indiabulls Credit Services Limited with the Company.Additionally, the Company will consider the transfer by way of a demerger of the undertakings, bu

Indiabulls Financial Services Limited has informed the Exchange that "February 15, 2007 has been fixed as the Record Date for the purpose of determining the names of members eligible for payment of the interim dividend. The dividend payout will start on or after Februrary 26, 2007".

Indiabulls Financial Services Limited has informed the Exchange regarding the Earnings Update Q3 FY07 and Nine months ended December 31, 2006. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Indiabuls_results_310107.zip target=NEW> For more details click here.</a>

Indiabulls Financial Services Limited has informed the Exchange that "the Board of Director has declared first interim dividend of Rs. 2 per equity share (100% on the face value of Rs. 2 per equity share) for the financial year 2006-2007".

Indiabulls Financial Services Limited has informed the Exchange that "Indiabulls Real Estate Limited ("IREL" or the "Company"), is proposing to enter into arrangements with Dev Property Development Plc., a company incorporated in the Isle of Man ("Dev"), whereby Dev shall subscribe to new shares and also acquire a minority shareholding from the Company, in the following project companies: a) Indiabulls Properties Private Limited ("IPPL") - which is developing Jupiter Mills; b) Indiabulls Real Estate Company Private Limited (IRECPL") - which is developing Elphinstone Mills; and c) Indiabulls In