Indiabulls Financial - Outcome Of EGM

Indiabulls Financial Services Ltd has informed that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on March 30, 2007, inter alia, have accorded their approval to the following:1. Amendments to the Indiabulls Employees Stock Option Scheme dated February 28, 2004 of the Company.2. Amendments to the Indiabulls Employees Stock Option Plan -2005 dated July 26, 2005 of the Company.