Indiabulls Ventures Limited - Allotment of Equity shares

Indiabulls Ventures Ltd has informed BSE that the Company has issued and allotted 28,250 (Twenty Eight Thousand Two Hundred and Fifty) Equity shares of face value Rs. 2/- each, to the eligible employees upon exercise of options vested in their favour under lndiabulls Ventures Limited Employees Stock Option Scheme - 2008.<BR><BR>Consequent to the said allotment, the paid-up Equity share capital of the Company stands increased to Rs. 58,55,43,784/- divided into 29,27,71,892 Equity shares of face value Rs. 2/- each.