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Indiabulls Limited Confirms Proper Utilization of Funds Post-Merger

Story Highlights
  • Indiabulls Limited confirms no deviation in fund utilization by Dhani Services post-merger.
  • The merger aims to simplify structure and enhance efficiency, marking strategic realignment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Indiabulls Limited Confirms Proper Utilization of Funds Post-Merger

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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 utilization of funds raised by Dhani Services Limited, which has merged with Indiabulls, through a preferential issue of convertible warrants for the quarter ending September 30, 2025. This confirmation was provided by Acuité Ratings and Research Limited and was approved by the company’s Audit Committee. The merger, part of a broader restructuring plan approved by the National Company Law Tribunal, aims to simplify the holding structure and enhance operational efficiency, marking a significant step in the company’s strategic realignment.

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 focuses on providing a range of financial products and services, including digital lending and investment solutions, primarily targeting the Indian market.

Average Trading Volume: 16,191

Technical Sentiment Signal: Hold

Current Market Cap: 2.1B INR

For an in-depth examination of YAARI stock, go to TipRanks’ Overview page.

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