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Corporate - Preferential Allotments
Markets - Financial Services
Indiabulls' share allotment

Our Bureau

Mumbai , Nov. 8

Indiabulls Financial Services Ltd. has informed that it has issued and allotted 72.5 lakh fully paid-up equity shares of face value Rs 2 each at an issue price of Rs 417 a equity share, aggregating Rs 302.32 crore through preferential allotment to Crown Capital Ltd, a sub-account of Deutsche International Trust Corporation (Mauritius) Ltd. Crown Capital Ltd is a wholly-owned subsidiary of Sovereign Global Investment Ltd.

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