February 22, 2008

Indiabulls Financial - Application for setting up Mutual Fund

Indiabulls Financial Services Ltd has informed that Securities and Exchange Board of India (SEBI) has approved setting up of an Asset Management Company and a Trustee Company, pursuant to application of the Company for setting up a Mutual Fund.

The Company is in the process of setting up of an Asset Management Company and a Trustee Company in terms of the approval of the SEBI, for setting up the Mutual Fund.

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