Dhani Services Limited has announced that today, October 28, 2025, is the record date for determining shareholders eligible to receive shares in Yaari Digital Integrated Services Limited as part of the approved merger scheme. This marks an important step in the company’s ongoing restructuring plan.
The Composite Scheme of Arrangement between Dhani Services Limited and Yaari Digital Integrated Services Limited had earlier received approval from the National Company Law Tribunal (NCLT), Chandigarh Bench. The scheme became effective on October 14, 2025, with an appointed date of April 1, 2023. Once the share allotment is completed, Dhani Services’ equity shares will be delisted, and Yaari Digital Integrated Services Ltd. will be the continuing entity.
As per the approved scheme, Dhani shareholders will receive new shares in Yaari Digital Integrated Services Ltd. in the following ratios:
| Type of Dhani Shares | Entitlement Ratio |
| 100 fully paid-up shares (₹2 each) | 294 fully paid-up shares in Yaari Digital |
| 100 partly paid-up shares (₹1.10 paid-up) | 162 fully paid-up shares in Yaari Digital |
The new shares will be credited directly to shareholders’ demat accounts and will be listed on both BSE and NSE. These shares will rank pari-passu with the existing equity shares of Yaari Digital Integrated Services Ltd.
The NCLT-approved composite scheme involves the merger of 17 group entities into Yaari Digital Integrated Services Ltd. Additionally, the real estate undertaking of India Land Hotels Mumbai Pvt Ltd will be demerged into Indiabulls Pharmacare Ltd, a wholly owned subsidiary of the group.
On October 27, 2025, Dhani Services share price opened at ₹57.14 and closed at ₹51.20, down by 8.60%. The stock price touched its day’s low at ₹50.45 on the BSE.
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With the record date for the Dhani–Yaari merger falling today, shareholders who hold Dhani Services shares are eligible to receive Yaari Digital shares directly in their demat accounts once the allotment process concludes.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Oct 28, 2025, 11:14 AM IST
Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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