Indiabulls Enterprises Limited — Board Meeting, 15-01-2025: Outcome of Board Meeting

The Board of Indiabulls Enterprises Limited has approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2024. The consolidated total income for the third quarter stands at ₹13.72 Cr, with a loss before tax of ₹2.34 Cr. For the period, the net loss after tax amounts to ₹2.13 Cr, reflecting challenges in operational performance. The Board also moved forward with a composite Scheme of Arrangement concerning the amalgamation of Indiabulls Enterprises and Dhani Services Limited, highlighting strategic restructuring efforts.