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FinanceIndos Companies & Corporate Actions Desk is a FinanceIndos institutional byline identifying editorial responsibility. It is not a fictional person or a claim of individual professional credentials.
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PUBLISHED RECORD
The company says it applied to the NCLT Bengaluru Bench to use ₹20,501.60 million of securities premium against accumulated losses. The filing is an application, not a tribunal sanction, cash payout, debt repayment or evidence of an operating turnaround.
Indiabulls Limited says it signed a definitive agreement for a proposed 70% acquisition of Fintech Cloud Private Limited for ₹1,050 crore through an NCLT scheme. The filing identifies approvals still required, so the transaction has not been shown as closed.