Merger/Acquisition
Indiabulls Limited to acquire 70% of Fintech Cloud
Indiabulls Limited executed a definitive agreement to acquire 70% of Fintech Cloud Pvt Ltd for Rs.1,050 crore (equity value Rs.1,500 crore) via an NCLT scheme; consideration to be settled by up to 21 crore Indiabulls shares; timeline 9-12 months.




