|Sales Growth||Profit Growth||Expense Growth||Stock Price CAGR|
Yaarii Digital Integrated Services Limited (formerly Indiabulls Integrated Services Limited) the Holding Company, was incorporated on July 24 2007. The Holding Company’s registered office stands changed from M-62 and 63, First Floor, Connaught Place, New Delhi, India to Plot No. 448-451 Udyog Vihar, Phase-V Gurugram, Haryana, India with effect from 15 January 2019.
Pursuant to the Holding Company’s shareholders’ approval, at their AGM held on November 13, 2020, in order to create unique digital identity, through its digital platform “Yaarii”, of which the Holding Company has proprietary rights, and to charter right direction for its continuous focus around promoting digital financial and other solutions and given that Yaarii app, as a digital distribution platform, finds resonance as on date with lacs of customers across a range of financial products and to leverage on its brand identity to grow to next frontier, the name of the Holding Company stood changed from ‘Indiabulls Integrated Services Limited’ to ‘Yaarii Digital Integrated Services Limited’ with effect from November 25, 2020, upon receipt of fresh Certificate of Incorporation dated November 25, 2020, issued by the Registrar of Companies NCT of Delhi and Haryana.
Business area of the company
The company primarily, directly and through its subsidiaries, is presently engaged in the businesses of digital platform through Yaarii app, providing management and maintenance services, equipment hiring services, financial services with the primary focus on financing in rural markets, and other related services and businesses, and shall undertake its proposed life and general insurance business, through its subsidiaries, upon receipt of regulatory approvals.