Indiabulls Ventures has received an approval for raising of funds aggregating up to Rs 3,000 crore by way of issue of equity shares to existing shareholders on rights basis and/or issue of equity shares or other permissible convertible securities to QIBs, by way of qualified institutions placement. The board of directors at their meeting held on September 21, 2017, has considered and approved the same.
Indiabulls Ventures acts as a stock and share broker on the National Stock Exchange of India (NSE), BSE, depository participants and other related services. The company’s primary businesses include Broking and Related activities, and Lease Rental activities.
