Indiabulls Limited Board Approves MOA Alteration, Seeks Shareholder Approval
Indiabulls Limited (formerly Yaari Digital Integrated Services Limited) announced that its Board of Directors, in a meeting held on December 19, 2025, from 5:30 PM to 5:55 PM, has approved the alterat...
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Why is Indiabulls Limited in the news today?
Indiabulls Limited (IBULLSLTD) is in the news due to the announcement is a routine corporate action regarding the alteration of the memorandum of association and seeking shareholder approval. there are no immediate financial gains or losses indicated.
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Indiabulls Limited Board Approves MOA Alteration, Seeks Shareholder Approval
December 19, 2025, 12:48 PM
Indiabulls Limited (formerly Yaari Digital Integrated Services Limited) announced that its Board of Directors, in a meeting held on December 19, 2025, from 5:30 PM to 5:55 PM, has approved the alteration of the main object clause of its Memorandum of Association (MOA). This alteration involves replacing existing sub-clauses 1 to 6 with new sub-clauses 1 to 4 of Clause III(A) of the MOA. The primary objective of this change is to align the company's main objects with its status as a Core Investment Company, in compliance with the applicable regulations of the Reserve Bank of India.
Furthermore, the Board has authorized the company to conduct a Postal Ballot to obtain the approval of its shareholders for the proposed alteration of the main objects. The draft Postal Ballot Notice has also been approved. The company is located at One International Center (formerly IFC), Tower - 1, 4th Floor, S. B. Marg, Elphinstone (W), Mumbai – 400013, Maharashtra.
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