Indiabulls Limited (IBULLSLTD) — FY26 Annual Report | 3 September 2026(3 announcements)

Indiabulls Limited convened its 19th AGM on September 28, 2026, via video conference, approving FY2025-26 financial statements, reappointing directors, and increasing Executive Chairman Gurbans Singh's monthly remuneration to ₹1 crore from ₹75 lakhs, effective April 1, 2026, paid by subsidiary Dhani Loans. Dr. Sushi Singh was appointed as an Independent Director for one year (August 26, 2026 - August 25, 2027) with nil remuneration and ₹1 lakh sitting fees per meeting. The company reported a significant turnaround with ₹346.13 crore PAT in FY2025-26 versus a [amount context mismatch] crore loss in FY2024-25, driven by [amount context mismatch] crore revenue and ₹23,608 crore GDV from a 112.2 lakh sq. ft. real estate portfolio. It launched three new residential projects (28.67 lakh sq. ft., ₹3,393 crore GDV) and plans four additional projects (39.74 lakh sq. ft., ₹6,000 crore GDV) in FY2026-27. The board comprises 8 directors (3 executive, 5 independent), including 3 women directors, with key appointments including Praveen Kumar Tripathi (IAS officer) and Kubeir Khera (real estate veteran). Governance practices include SEBI-compliant board evaluation, remuneration policies, and stakeholder grievance redressal. No dividends were declared, and unclaimed dividends were transferred to IEPF.

Indiabulls Limited convened its 19th Annual General Meeting on September 3, 2026, alongside the Annual Report for FY 2025-26. The report highlights a strategic shift to a real estate-led model, robust revenue growth, and improved profitability after prior losses. Key financial metrics show enhanced liquidity and reduced leverage, with real estate emerging as the primary growth engine. The company emphasized capital-efficient joint ventures, digital transformation, and disciplined capital allocation. Governance disclosures included board appointments, independent directors, and compliance with SEBI regulations. The AGM addressed resolutions on financial statements, dividend recommendations, and director reappointments, reinforcing long-term value creation for shareholders.