Indiabulls Integrated Services Ltd's wholly owned subsidiary, 'Indiabulls Life Insurance Company Limited' has received regulatory R1 acceptance from Insurance Regulatory and Development Authority of India (IRDAI) for its proposed life insurance business. The Company is in the process of putting in place the necessary systems and move ahead with the next step of filing its application for registration (R2) with IRDAI to undertake life insurance business in India.
Shares of Indiabulls Integrated Services Ltd was last trading in BSE at Rs.332.05 as compared to the previous close of Rs. 316.25. The total number of shares traded during the day was 45389 in over 293 trades.
The stock hit an intraday high of Rs. 332.05 and intraday low of 327.75. The net turnover during the day was Rs. 15058857.