Indiabulls Limited (formerly Yaari Digital Integrated Services Limited) has informed BSE and NSE under Regulation 30 of the SEBI Listing Regulations regarding the outcome of its Board meeting held on September 11, 2026. The company’s Board authorized and executed a definitive agreement to acquire a 70% equity stake in Fintech Cloud Private Limited for a consideration of Rs. 1,050 Crores, valuing the target entity at an equity valuation of Rs. 1,500 Crores. The acquisition will be executed via an NCLT Scheme of Amalgamation involving the issuance of up to 21 Crore fully paid-up equity shares of Indiabulls Limited to the target shareholders, subject to regulatory and shareholder approvals, with completion expected within 9 to 12 months.

Fintech Cloud Private Limited, incorporated on January 11, 2021, operates as a Loan Service Provider (LSP) offering technology-enabled origination, underwriting, and servicing solutions to Non-Banking Financial Companies (NBFCs) in India. The target company achieved a gross revenue of Rs. 133.77 Crores and Profit Before Tax (PBT) of Rs. 30.31 Crores for FY 2025-26, after reporting zero turnover in FY 2023-24 and FY 2024-25. Through this transaction, Indiabulls Limited intends to gain direct entry into the fintech and technology services segment. Additionally, Indiabulls Limited will appoint a majority of directors to the target company’s Board with immediate effect.

Indiabulls Limited is an Indian conglomerate headquartered in Gurgaon, engaged in real estate development, stockbroking, asset reconstruction, digital payments, and financial services. The company assumed its current corporate structure following an NCLT-approved scheme of arrangement in late 2025, which merged Dhani Services Limited and Indiabulls Enterprises Limited into Yaari Digital Integrated Services Limited, subsequently renamed Indiabulls Limited. In recent updates during 2025–2026, the company approved the implementation of the ‘Indiabulls Limited Employee Stock Option Scheme – 2025’, completed multiple ESOP share allotments, and appointed Dr. Surbhi Singh as a Non-Executive Independent Director in August 2026. Key equity holders in the corporate group structure include Inuus Developers Private Limited, ACM Global Fund VCC, and founder Sameer Gehlaut.

For the first quarter of FY 2025-26 (ended June 30, 2026), Indiabulls Limited reported a consolidated net profit of Rs. 141.02 Crores, reflecting a quarter-on-quarter (QoQ) decline of 27.41% from Rs. 194.26 Crores recorded in Q4 FY 2025-26. However, on a year-on-year (YoY) basis, net profit registered a substantial turnaround from a net loss of Rs. 1.81 Crores reported in Q1 FY 2024-25. Consolidated revenue from operations for Q1 FY 2025-26 reached Rs. 359.45 Crores, representing a QoQ decrease of 14.09% compared to Rs. 418.39 Crores in Q4 FY 2025-26, while increasing by 292.33% YoY from Rs. 91.62 Crores in Q1 FY 2024-25. Famous investor and promoter-group associated entity Inuus Developers Private Limited holds a significant 19.70% stake in the entity alongside foreign institutional investor ACM Global Fund VCC holding 4.52%.