Corporate Announcement  (Apr 15, 2014)



Sub: Intimation of Board Meeting for consideration and approval of the audited Financial Results of Indiabulls Wholesale Services Limited (the Company) for the financial year ended March 31, 2014 and closure of Trading Window.

Dear Sirs,

We wish to inform you, pursuant to Clause 41 of the Listing Agreement with the Stock Exchange that, a meeting of the Board of Directors of the Company will be held on Wednesday, April 23, 2014, to consider and approve, inter alia, the audited financial results of the Company for the financial year ended March 31, 2014.

We further wish to inform that the Trading Window of the Company, in terms of SEBI (Prohibition of Insider Trading) Regulations, 1992, stands closed with immediate effect and it shall remain closed till April 24, 2014, in view of board meeting for the aforesaid purpose.

Please take the above information on your record.

Thanking you,

Yours truly,

for Indiabulls Wholesale Services Limited