Indiabulls Enterprises Limited announced at the Board meeting held on 11 August 2023, approved Appointment of Mr. Saurabh Garg, as Chief Financial Officer (CFO) designated as KMP in place of Mr. Vijay Kumar Agrawal, who has resigned from the position of CFO due to his other preoccupation, with effect from August 11, 2023. The Board has placed on record its appreciation for the valuable contributions made by Mr. Agarwal to the Company, during his tenure. Mr. Saurabh Garg aged about 44 years, Chartered Accountant
from Institute of Chartered Accountants of India (ICAI) and a Commerce Graduate from Delhi University. He is an enterprising leader with nearly 20 years of experience in
Accounting & Finance, Finalization of Accounts, Budget Control & MIS and Financial Reporting across various industries.