Dhani Services Limited (DSL) has completed a major restructuring with several Indiabulls and Yaari group companies.
The Hon’ble NCLT, Chandigarh Bench has approved the Scheme of Arrangement, under which DSL and multiple group entities are being merged into Yaari Digital Integrated Services Limited (Yaari).
This step is taken to simplify the group’s structure, bring all related businesses under one listed company, and improve overall efficiency.
Here’s what it means for shareholders
- DSL shareholders will now receive Yaari shares in exchange for their DSL shares.
- Record Date: October 28, 2025
- Exchange Ratio:
- 294 Yaari shares (Face value â‚ą2 each) for every 100 fully paid-up DSL shares (Face value â‚ą2 each)
- 162 Yaari shares (Face value â‚ą2 each) for every 100 partly paid-up DSL shares (Face value â‚ą1.1 paid-up value)
After this merger takes effect, Dhani Services Limited shares will be delisted, and Yaari will continue as the listed company.
This merger aims to create a stronger, more streamlined business structure and align shareholder interests across the group.