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Bigul

INDIABULLS REAL ESTATE LTD. - 532832 - Announcement under Regulation 30 (LODR)-Resignation of Director

 In furtherance to our intimation dated February 27, 2023, wherein exchange was informed about the resignation of Mr. Mehul Johnson (DIN: 00016075), from the position of Managing Director of Indiabulls Real Estate Limited ('the Company'), and his continuation on the Board as a Non-Executive, Non- Independent Director till March 31, 2023, this is to inform that, with effect from today i.e., March 31, 2023, he has resigned as Non-Executive, Non- Independent Director of the Company. For details, pls. refer attachment.
31-03-2023
Bigul

INDIABULLS REAL ESTATE LTD. - 532832 - Closure of Trading Window

 In compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as amended, the trading window of the Company has been closed and shall remain closed till 48 hours after the declaration of financial results for the quarter and financial year ended March 31, 2023. The date of the Board meeting of the Company for declaration of financial results for the quarter and financial year ended March 31, 2023, will be intimated in due course. Please take the aforesaid intimation on record.
31-03-2023
Bigul

INDIABULLS REAL ESTATE LTD. - 532832 - Announcement under Regulation 30 (LODR)-Resignation of Director

 We wish to inform you that Mr. Gurinder Singh, Independent Director on the board of the Company, vide his letter dated March 23, 2023, has resigned from the office of Independent Director of Indiabulls Real Estate Limited ('the Company') with effect from today i.e., March 23, 2023, due to the reasons mentioned in his letter. For more details, please refer attachment.
23-03-2023
Bigul

INDIABULLS REAL ESTATE LTD. - 532832 - Announcement under Regulation 30 (LODR)-Change in Directorate

 In furtherance to our intimation dated August 12, 2022, wherein exchange was informed about the resignation of Mr. Gurbans Singh (DIN: 06667127), from the position of Jt. Managing Director of Indiabulls Real Estate Limited ('the Company'), and his continuation on its Board as a Non-Executive, Non- Independent Director, this is to inform that, in continuation of his process of stepping back from the active role and his responsibilities due to his age and considering the depth of expertise inducted recently on the board of the Company, he has now resigned as its Non-Executive, Non- Independent Director with effect from today i.e., March 4, 2023. For more details, please refer attachment.
04-03-2023
Bigul

INDIABULLS REAL ESTATE LTD. - 532832 - Announcement under Regulation 30 (LODR)-Change in Management

 In partial modification to our exchange intimation dated February 27, 2023, it may please be noted that the effective date of appointment of Mr. Shyamm Mariwala (DIN: 00350235) and Ms. Tarana Suresh Lalwani (DIN: 01940572) as an Additional (Independent Director), on the Board of the Company is March 1, 2023. Due to inadvertent typo error, it was earlier mentioned as February 27, 2023. Regret the inconvenience.
01-03-2023
Bigul

INDIABULLS REAL ESTATE LTD. - 532832 - Announcement under Regulation 30 (LODR)-Change in Management

 Pursuant to LODR Regulations, we inform that the Board of the Company in their meeting held today have in its best business interest, considered and approved the following reorganization: 1. Appointment of Mr. Sachin Chittaranjan Shah (DIN: 00387166) who is presently the President of the Company, as an Additional Director designated as Executive Director, for a period of 5 years w.e.f. today i.e. 27/02/2023, in place of Mr. Mehul Johnson (DIN: 00016075) who has resigned as a Managing Director & KMP of the Company with effect from today, due to his personal reasons & existing commitments. However, to facilitate smooth transition of his erstwhile responsibilities as a Managing Director, at the request of the Board, he will continue as Non-Executive, Non-Independent Director till 31/03/2023 2. Appointment of Mr. Shyamm Mariwala, Mr. Javed Faizullah Tapia & Ms. Tarana Suresh Lalwani as an Additional (Independent Directors), on the Board, for a period of 3 years wef. today i.e. 27/02/2023
27-02-2023
Bigul

Q3FY23 Quarterly Result Announced for Indiabulls Real Estate Ltd.

 Indiabulls Real Estate announced Q3FY23 results: Net debt : Nil (Cash Surplus of Rs 580 Cr) Increase from cash surplus of Rs 136 crore as at Q2FY23 Estimated Collection of Rs 504 crore from sold inventory (net of project costs) in next 12 months. Project Net Surplus : Rs 6,146 crore Net Surplus Rs 1,225 crore, from OC / near completed inventory Pending costs of Rs 322 crore on OC / near completed projects fully covered through sold receivables with ~2.5x cover. Pre-sales (Q3 FY2023): Rs 194 crore More than 98% inventory in key projects sold out (Blu, Sky Forest, Thane Phase1, Enigma & Centrum) Immediate upcoming launches (subsequent phases of Blu, Thane, Panvel Arivali)- Refer Slide 11. Result PDF
10-02-2023
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INDIABULLS REAL ESTATE LTD. - 532832 - Earnings Update For The Quarter And Nine Month Ended December 31, 2022

 Please find enclosed herewith an Earnings Update of Indiabulls Real Estate Limited for the quarter and nine month ended December 31, 2022, for your information and record.
10-02-2023
Bigul

INDIABULLS REAL ESTATE LTD. - 532832 - Board Meeting Outcome for Submission Of Unaudited Standalone And Consolidated Financial Results Of Indiabulls Real Estate Limited For The Quarter And Nine Month Ended December 31, 2022, Along With Limited Review Reports Thereon.

 Pursuant to Regulation 33 & 52 of the Listing Regulations as amended, we enclose hereto, for your information and record, the standalone and consolidated financial results of the Company and the additional information required under Listing Regulations, for the quarter and nine month ended December 31, 2022, approved by the Board of Directors of the Company at its meeting held today i.e. February 10, 2023. We also submit herewith Limited Review Reports dated February 10, 2023, issued by the Statutory Auditors of the Company, on the said standalone and consolidated financial results, respectively, of the Company, which were duly placed before the Board at the aforesaid meeting, which commenced at 4:00 p.m. and concluded at 05:10 p.m.
10-02-2023
Bigul

INDIABULLS REAL ESTATE LTD. - 532832 - Submission Of Unaudited Standalone And Consolidated Financial Results Of Indiabulls Real Estate Limited For The Quarter And Nine Month Ended December 31, 2022, Along With Limited Review Reports Thereon

 Pursuant to Regulation 33 & 52 of the Listing Regulations as amended, we enclose hereto, for your information and record, the standalone and consolidated financial results of the Company and the additional information required under Listing Regulations, for the quarter and nine month ended December 31, 2022, approved by the Board of Directors of the Company at its meeting held today i.e. February 10, 2023. We also submit herewith Limited Review Reports dated February 10, 2023, issued by the Statutory Auditors of the Company, on the said standalone and consolidated financial results, respectively, of the Company, which were duly placed before the Board at the aforesaid meeting, which commenced at 4:00 p.m. and concluded at 05:10 p.m. The aforesaid documents are also being uploaded on the website of the Company. The said results will also be published in the newspapers, in the format prescribed under Regulation 47 of the Listing Regulations.
10-02-2023
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