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Monday, March 28, 2011

Indiabulls Real Estate Ltd: Updates on Scheme of Arrangement

Indiabulls Real Estate Ltd has informed BSE that the Hon'ble High Court of Delhi at New Delhi has, vide order dated March 03, 2011, received on March 28, 2011, sanctioned the Scheme of Arrangement between Indiabulls Real Estate Ltd ("the Company") and Indiabulls Wholesale Services Ltd ("IWSL") and their respective shareholders and creditors.

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