Indiabulls Financial Services (Delisted) share news and announcements

BSE: 532544

Last traded ₹271.80 on 18 Mar 2013

Delisted on 17 May 2013.

Indiabulls Financial Services share news and announcements

492 announcements, routine notices left out, newest first. Page 8 of 10.

  1. Dec 2009

    • 21 Dec · Updates

      Indiabulls Financial Services Limited ("the Company") and Sogecap, the life insurance subsidiary of Sociate Generale of France, has mutually agreed not to pursue the life insurance joint venture in India, for which they have entered into a Joint Venture Agreement in April 2008. Indiabulls Financial Services Ltd has earlier received Reserve Bank of India's (RBI) nod to hold up to 74% in its life insurance venture. The life insurance company has already received the R1 approval from Insurance Regulatory and Development Authority (IRDA). The company will pursue its insurance venture

    • 3 Dec · Allotment of Equity Shares

      Upon exercise of Stock options vested in terms of Company's Employee Stock Option Scheme namely IBFSL-ICSL Employees Stock Options Plan -2006 by eligible employee and receipt of full consideration therefor, the Board of Directors of the Company at its meeting held today, December 03, 2009 has allotted an aggregate of 7,500 (Seven Thousand and Five Hundred) Equity shares of face value Rs. 2/- each to such employees. Consequent to the said allotment, the paid-up Equity share capital of the Company stands increased from Rs.61,97,61,600/- divided into 30,98,80,800 Equity shares of face value Rs. 2/- each to Rs. 61,97,76,600/- divided into 30,98,88,300 Equity shares of face value Rs. 2/- each

  2. Nov 2009

    • 27 Nov · Updates

      Vide its letter dated November 27, 2009 that "Indian Commodity Exchange Limited (ICEX), a nation-wide multi-commodity Exchange, set up by Indiabulls Financial Services Limited in partnership with MMTC Limited, has gone live effective today. The other shareholders in ICEX include Indian Potash Limited (10%), Infrastructure Development Finance Company Limited (IDFC) (5%) and Krishak Bharati Cooperative Limited (5%)."

    • 3 Nov · Disclosure

      Farallon Capital Management, L.L.C. has informed the Exchange regarding Regulation 13(3) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992. 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). For more details click here.

  3. Oct 2009

    • 31 Oct · Updates

      An Earning Update of Indiabulls Financial Services Limited for the quarter ended September 30, 2009. 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). For more details click here.

    • 31 Oct · Results

      Standalone Results for the half year ended on 30-SEP-2009 as follows: Net Sales of Rs. 53764.63 lacs for half year ending on 30-SEP-2009 against Rs. 70494.14 lacs for the half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 12351.59 lacs for the half year ending on 30-SEP-2009 against Rs. 14993.32 lacs for the half year ending on 30-SEP-2008.

    • 31 Oct · Results

      Consolidated Results for the half year ended on 30-SEP-2009 as follows: Net Sales of Rs. 62112.21 lacs for half year ending on 30-SEP-2009 against Rs. 79025.44 lacs for the half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 14302.94 lacs for the half year ending on 30-SEP-2009 against Rs. 28040.1 lacs for the half year ending on 30-SEP-2008.

    • 31 Oct · Results

      Standalone Results for the quarter ended on 30-SEP-2009 as follows: Net Sales of Rs. 25600.28 lacs for quarter ending on 30-SEP-2009 against Rs. 38914.63 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 6234.26 lacs for the quarter ending on 30-SEP-2009 against Rs. 4482.36 lacs for the quarter ending on 30-SEP-2008.

    • 31 Oct · Results

      Consolidated Results for the quarter ended on 30-SEP-2009 as follows: Net Sales of Rs. 29659.03 lacs for quarter ending on 30-SEP-2009 against Rs. 43407.76 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 7112.63 lacs for the quarter ending on 30-SEP-2009 against Rs. 13358.1 lacs for the quarter ending on 30-SEP-2008.

    • 22 Oct · Board meeting

      Meeting on 31 Oct 2009: “Unaudited Financial Results for the Qtr ended Sept 30, 2009”

    • 22 Oct · Updates

      Vide its letter dated October 21, 2009 that: "Indiabulls Financial Services Limited (IBFSL) Insurance JV with Sogecap, in which IBFSL will hold 74% stake has received R1approval from IRDA, and has been issued R2 form by the Insurance Regulatory and Development Authority (IRDA)".

    • 15 Oct · Updates

      The Ministry of Consumer Affairs, Food and Public Distribution, Department of Consumer Affairs, vide its communication bearing reference F. No. 12/1/2009-IT dated October 09, 2009, has granted recognition to Indian Commodity Exchange Limited (ICEX), NCR, Gurgaon, under Forward Contracts (Regulation) Act, 1952. The recognition to the Exchange is on a permanent basis in respect of forward contracts in all commodities to which Section 15 of the Act is applicable, and the commodities to which neither Section 17 nor Section 15 of the Act is applicable, which the prior permission of the Forward Markets Commission. ICEX, a nation-wide multi-commodity Exchange, had been set up by Indiabulls Financial Services Limited in partnership with MMTC Limited

    • 5 Oct · Redemption

      The Company has redeemed 9,966,667 outstanding Non-Convertible Preference Shares of face value Rs. 157.39 per share, held by Oberon Limited in the Company. Consequently, the paid-up preference share capital in the Company stands fully repaid.

  4. Sep 2009

    • 30 Sep · Meeting

      Outcome of Annual General Meeting (AGM) of the Company held on September 30, 2009. 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). For more details click here.

    • 22 Sep · Grant of Stock Options

      The Board, Compensation, Committee of Indiabulls Financial Services Limited has, at its meeting held today i.e. September 22, 2009, granted 199,200 (One Lac Ninety Nine Thousand Two Hundred) Stock Options under its 'Employees Stock Option Plan 2008' to the Eligible Employees. These options represent an equal number of Equity Shares of face value of Rs.2/- each in the Company and shall vest in the eligible employees within ten years beginning from September 22, 2010. Further, the options granted under each of the slabs, can be exercised by the grantees within a period of five years from relevant vesting date

    • 1 Sep · Meeting

      Board of Directors of the Company, at its meeting held on September 01, 2009, has decided to convene the Annual General Meeting (AGM) of the Shareholders of the Company on September 30, 2009. The Register of Members and Share Transfer Books of the Company shall remain closed during the period from September 24, 2009 to September 30, 2009 (both days inclusive), for the purpose of (a) the AGM and (b) to determine the names of the Shareholders eligible for payment of dividend @ Rs.2/- per Equity share (face value of Rs.2/- per Equity share) for the Financial Year 2008-09, as recommended by the Board of Directors at its meeting held on June 06, 2009. If declared by the Shareholders in the AGM, the dividend payout will commence on or after October 05, 2009.

  5. Aug 2009

    • 27 Aug · Allotment of Equity Shares

      Upon exercise of Stock options vested in terms of (1) IBFSL-ICSL Employees Stock Options Plan -2006 and (2) IBFSL-ICSL Employees Stock Option Plan II - 2006, by the eligible employees and receipt of full consideration therefore, the Board of Directors of the Company at its meeting held today, August 27, 2009 has allotted an aggregate of 1,10,681 (One Lac Ten Thousand Six Hundred Eighty One) Equity shares of face value Rs. 2/- each to such employees, being 75,654 Equity shares allotted under IBFSL-ICSL Employees Stock Option Plan -2006 and 35,027 Equity shares allotted under IBFSL-ICSL Employees Stock Option Plan II-2006. Consequent to the said allotment, the paid-up Equity share capital of the Company stands increased from Rs.61,95,40,238/- divided into 30,97,70,119 Equity shares of face value Rs. 2/- each to Rs. 61,97,61,600/- divided into 30,98,80,800 Equity shares of face value Rs. 2/- each

    • 27 Aug · Grant of Stock Options

      The Board Compensation Committee of Indiabulls Financial Services Limited has, at its meeting held today i.e. August 27, 2009, granted 3,95,000 (Three Lacs Ninety Five Thousand) Stock Options under its "IBFSL-ICSL Employees Stock Option Plan-2006" and 2,19,000 (Two Lacs Nineteen Thousand) Stock Options under its "IBFSL-ICSL Employees Stock Option Plan II - 2006" to the Eligible Employees. These options represent an equal number of Equity Shares of Face Value of Rs. 2/- each in the Company and would have a vesting period of one to ten years. Further, these options shall be exercisable within a period of four years after its vesting

    • 12 Aug · Limited Review Report

      Auditors have conducted the limited review for the un-audited financial results for the quarter ended June 30,2009. 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). For more details click here.

  6. Jul 2009

    • 31 Jul · Board meeting

      Board of Directors at its meeting held on July 31, 2009 that no interim dividend on the equity shares of the Company was declared at the said meeting.

    • 31 Jul · Updates

      Earnings Update for the quarter ended June 30, 2009 titled "Indiabulls Financial Services Limited; Earnings Update for Q1 FY10; Un-audited Results; July 31, 2009". 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). For more details click here.

    • 31 Jul · Results

      Standalone Results for the quarter ended on 30-JUN-2009 as follows: Net Sales of Rs. 28164.36 lacs for quarter ending on 30-JUN-2009 against Rs. 46465.84 lacs for the quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 6117.32 lacs for the quarter ending on 30-JUN-2009 against Rs. 10510.97 lacs for the quarter ending on 30-JUN-2008.

    • 31 Jul · Results

      Consolidated Results for the quarter ended on 30-JUN-2009 as follows: Net Sales of Rs. 32453.19 lacs for quarter ending on 30-JUN-2009. Net Profit / (Loss) of Rs. 7190.32 lacs for the quarter ending on 30-JUN-2009.

    • 29 Jul · Issue and allotment of shares

      Indiabulls Financial Services Limited had informed the Exchange that in respect of issue of Equity shares of face value Rs. 2 each in the Company ("Equity Shares") to QIBs under Qualified Institutions Placement in terms of Chapter XIII-A of SEBI Guidelines. The Company has now informed the Exchange that, "The duly authorised Committee of the Board of Directors of the Company has, at its meeting held on July 24, 2009 issued and allotted 5,61,40,350 fully paid-up Equity Shares, at a price of Rs. 171/- per Equity Share (including a premium of Rs. 169/- per Equity Share), aggregating to Rs.959,99,99,850 (Rupees Nine Hundred Fifty Nine Crore, Ninety Nine Lacs, Ninety Nine Thousand, Eight Hundred and Fifty only). Consequent to the issue and allotment of the Equity Shares of aforesaid, the Paid-up Equity Share Capital of the Company stands increased from the present Rs. 50,72,59,538/- divided into 25,36,29,769 Equity shares of face value Rs. 2/- each, to Rs. 61,95,40,238/- divided into 30,97,70,119 Equity shares of face value Rs.2/- each.

    • 29 Jul · Meeting

      Minutes of the Extra-ordinary General Meeting of the Equity Shareholders of the Company held on July 18, 2009. 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). For more details click here.

    • 23 Jul · Board meeting

      To consider inter-alia the un-audited Financial Results of the Company for the quarter ended June 30, 2009 and to consider declaration of interim dividend, if any, on the equity shares of the Company, for the financial year 2009-10.

    • 22 Jul · Business

      "Qualified Institutions Placement of Equity Shares by Indiabulls Financial Services Limited ("the Company") under the provisions of Chapter XIII-A of Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000, as amended, ("SEBI Guidelines") to Qualified Institutional Buyers ('QIBs") as defined under Clause 1.2.1 (xxiv a) of the SEBI Guidelines. 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). For more details click here.

    • 20 Jul · Outcome of meeting

      Outcome of the Committee Meeting held on July 20, 2009. 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). For more details click here.

    • 18 Jul · Meeting

      Outcome of Extra Ordinary General Meeting held on July 18, 2009. 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). For more details click here.

    • 6 Jul · Relinquishment of Directorship

      Mr. Rajiv Rattan relinquishes his position as Whole time Director from the Company. However, he will continue to be a Non-Executive Director on the Board of the Company.

  7. Jun 2009

    • 25 Jun · Board meeting

      The Board of Directors of lndiabulls Financial Services Limited ("Company") has, at, its meeting held today, June 24, 2009, passed a resolution to obtain the approval of the shareholders of the Company under Section 81(1A) of the Companies Act, 1956 to issue equity shares / fully convertible debentures / partly convertible debentures or any other securities (other than warrants) convertible into or exchangeable with the equity shares of the Company at a later date, within the meaning of Chapter XIII-A of SEBI (Disclosure and Investor Protection) Guidelines, 2000,as amended up to date, by way of a Qualified Institutions Placement for an amount up to USD 200 million or its Indian Rupee equivalent, to Qualified Institutions Buyers (QIBs). We further wish to inform that it was also decided at the said Board Meeting that in order to obtain the consent of the shareholders of the Company for the aforesaid matter, an Extraordinary General Meeting of the shareholders of the Company be convened on Saturday, the 18th day of July,2009, at 10:00 A.M. at Centaur Hotel, IGI Airport, Delhi-Gurgaon,Road, New Delhi - 110 037

    • 8 Jun · Updates

      Earnings Update for the financial year ended March 31, 2009 titled as "Indiabulls Financial Services Limited; Earnings Update for FY 2009; Audited Results; June 06, 2009". 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). For more details click here.

    • 8 Jun · Dividend

      Board of Directors of the Company at its meeting held on June 06, 2009 has recommended a dividend of Rs.2 per Equity share ( face value of Rs.2 per Equity share) for the financial year ended March 31, 2009, subject to the approval of shareholders at the ensuing Annual General Meeting of the Company.

  8. May 2009

    • 29 May · Board meeting

      To consider inter alia the Audited Financial Results of the Company for the Financial Year ended March 31 ,2009, and to consider recommendation of dividend, if any, for the said Financial Year.

  9. Apr 2009

    • 23 Apr · Results

      Company has opted to publish its audited financial results, for the financial year ended March 31, 2009 by June 30, 2009 (i.e. within three months from the end of financial year), instead of publishing un-audited financial results for the last quarter ended March 31, 2009.

  10. Jan 2009

    • 23 Jan · Updates

      Earnings Update for the quarter ended December 31, 2008 titled as "Indiabulls Financial Services Limited; Earnings Update - Q3 FY09; Un-audited Results; January 23, 2009". 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). For more details click here.

    • 23 Jan · Results

      Consolidated Results for the quarter ended on 31-DEC-2008 as follows: Net Sales of Rs. 43361.19 lacs for quarter ending on 31-DEC-2008 against Rs. 20244.95 lacs for the quarter ending on 31-DEC-2007. Net Profit / (Loss) of Rs. 6806.37 lacs for the quarter ending on 31-DEC-2008 against Rs. 16196.23 lacs for the quarter ending on 31-DEC-2007.

    • 23 Jan · Results

      Standalone Results for the quarter ended on 31-DEC-2008 as follows: Net Sales of Rs. 38990.53 lacs for quarter ending on 31-DEC-2008 against Rs. 17594.66 lacs for the quarter ending on 31-DEC-2007. Net Profit / (Loss) of Rs. 3629.16 lacs for the quarter ending on 31-DEC-2008 against Rs. 10515 lacs for the quarter ending on 31-DEC-2007.

    • 21 Jan · Rating

      CRISIL has assigned its highest rating of "P1+" (pronounced 'P one plus') to the Rs.50 Billion (enhanced from Rs.40 billion) Short-Term Debt Programme, of the Company

    • 15 Jan · Board meeting

      Meeting on 23 Jan 2009: “Unaudited Financial Results for the qtr ended Dec 31, 2008”

  11. Dec 2008

    • 8 Dec · Meeting

      Pursuant to Section 192A of the Companies Act, 1956 read with Companies (Passing of the Resolution by Postal Ballot) Rules, 2001, as amended, the Shareholders of the Company have passed the following Resolutions with requisite majority, by means of Postal Ballot (the results whereof have been announced on December 08, 2008): 1. Cancellation and withdrawal of the following employee stock option schemes of the Company namely (a) Employee Stock Option Plan - 2005, covering 50,00,000 stock options, and (b) IBFSL-ICSL Employees Stock Option Plan II M 2006, covering 14,40,000 stock options. 2. Authorization under Section 81 (1A) of the Companies Act, 1956 to issue at any time to or to the benefit of such person (s) who are in permanent employment of the Company, including any Director, whether whole-time or otherwise, (except the promoter directors) of the Company, under the Scheme titled Employees Stock Option Plan - 2008 (ESOP - 2008 or Scheme), 75,00,000 (Seventy Five Lacs) equity options entitling the option holders to purchase an equivalent number of Equity Shares of face value Rs 2/- (Rupees Two) each of the Company, at such price, in one or more tranches, and on such terms and conditions, as given in the ESOP- 2008. 3; Authorization under Section 81 (IA) of the Companies Act, 1956 to extend the benefits of ESOP - 2008 to or for the benefit of the employees of the Company's subsidiaries, including Directors thereof (except Promoter Directors).

    • 8 Dec · Grant of Stock Options

      The Compensation Committee constituted by the Board of Directors of the Company has, at its meeting held today i.e. December 8, 2008, granted, under the Company's Employees Stock Options Plan - 2008, 75,00,000 (Seventy Five lacs) Stock Option representing an equal number of equity shares of face value Rs. 2/- each in the Company, to the eligible employees, at an exercise price of Rs. 95.95, being the latest available closing market price on the National Stock Exchange of India Ltd., as on December 5, 2008. The Stock Options so granted, shall vest in the eligible employees within 10 years beginning from December 8, 2009, the first vesting date. The options granted under each of the slabs, can be exercised by the grantees within a period of five years from the relevant vesting date

    • 8 Dec · Rating

      CRISIL has assigned the rating of "AA-/Stable" to the Rs. 30.3988 Billion bank facilities of the Company. This being the first bank facilities rating assigned to the Company by CRISIL. These bank loan ratings are as below : 1) Facility : Long Term Loan; Rated Amount Rs. in Billion : 21.3988; Rating : "AA-/ Stable". 2) Facility : Cash Credit; Rated Amount Rs. in Billion : 9.00; Rating : "AA-/ Stable". Total : Rated Amount Rs. in Billion : 30.3988. CRISIL has also reaffirmed its rating of "AA-/ Stable" to the Company's Non-Convertible debentures issue of Rs. 10 Billion and its rating of "P1+" (pronounced as P One Plus) for the Company's short term debt programme of Rs. 40 Billion.

  12. Nov 2008

    • 26 Nov · Rating

      CRISIL has assigned the rating of "AA-/Stable" to the Rs. 10 Billion Non-Convertible Debentures Programme of the Company. This being the first long term debt rating assigned to the Company by CRISIL. Further the Company has informed that CRISIL has reaffirmed its highest rating of "P1+" (pronounced 'P one plus') to the Rs. 40 Billion Short-Term Debt Programme, of the Company.

    • 4 Nov · Meeting

      Minutes of Proceedings of the Annual General Meeting of the Members of the Company held on September 05, 2008. 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). For more details click here.

    • 3 Nov · Updates

      The Board of Directors of the Company in its meeting held today i.e. November 03, 2008 has decided to cancel the following Employee Stock Option Plans of the Company1. Employee Stock Option Plan - 2005, covering 50,00,000 Stock Options.2. IBFSL - ICSL Employees Stock Option Plan II M - 2006, covering 14,40,000 Stock Options.The Board has also decided for creation of a fresh Employee Stock Option Scheme, titled 'Employees Stock Option Plan -2008', in terms of Securities and Exchange Board of India (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999, for grant of 75,00,000 Equity Options convertible into equal number of Equity Shares of face value of Rs. 2 each of the Company and has in this regard decided to obtain the approval of the Members of the Company through Postal Ballot pursuant to Section 192A of the Companies Act, 1956 (the "Act") read with the Companies (Passing of Resolution by Postal Ballot) Rules, 2001 (the "Rules").We wish to further inform that the Board of Directors of the Company, has approved the draft Postal Ballot Notice covering the aforesaid matters with the relevant explanatory statement setting out the material facts and has appointed Mr. Sanjay Khandelwal, Practicing Company Secretary, New Delhi, as scrutinizer for conducting the postal ballot process in a fair and transparent manner. The duly completed Postal Ballot Form should reach the Scrutinizer upto 5.00 pm on December 06, 2008. The results of the Postal Ballot will be declared at the Registered Office of the Company on December 08, 2008 by 2.00 PM

  13. Oct 2008

    • 21 Oct · Updates

      Earnings Update for the quarter ended September 30, 2008 titled as "Indiabulls Financial Services Limited; Earnings Update - Q2 FY09; Un-audited Results; October 21, 2008". 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). For more details click here.

    • 21 Oct · Results

      Consolidated Results for the half year ended on 30-SEP-2008 as follows: Net Sales of Rs. 79025.44 lacs for half year ending on 30-SEP-2008 against Rs. 93558 lacs for the half year ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 28040.1 lacs for the half year ending on 30-SEP-2008 against Rs. 33954 lacs for the half year ending on 30-SEP-2007.

    • 21 Oct · Results

      Consolidated Results for the quarter ended on 30-SEP-2008 as follows: Net Sales of Rs. 43407.76 lacs for quarter ending on 30-SEP-2008 against Rs. 49287 lacs for the quarter ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 13358.1 lacs for the quarter ending on 30-SEP-2008 against Rs. 17320 lacs for the quarter ending on 30-SEP-2007.

    • 21 Oct · Results

      Standalone Results for the half year ended on 30-SEP-2008 as follows: Net Sales of Rs. 70494.14 lacs for half year ending on 30-SEP-2008 against Rs. 37736 lacs for the half year ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 14993.32 lacs for the half year ending on 30-SEP-2008 against Rs. 16886 lacs for the half year ending on 30-SEP-2007.