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IIFL Holdings Ltd (IIFL.NS)

IIFL.NS on National Stock Exchange of India

26 Apr 2017
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Rs11.65 (+2.39%)
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Latest Key Developments (Source: Significant Developments)

IIFL Holdings says unit proposes to buy management & control of Samasta Microfinance
Thursday, 17 Nov 2016 06:54am EST 

IIFL Holdings Ltd : Co's NBFC unit India Infoline Finance proposes to acquire the management and control of Samasta Microfinance Limited .Samasta has received RBI approval ; pursuant to this, IIFL, Samasta and the promoters of Samasta will enter into necessary agreements.  Full Article

IIFL Holdings says CDC Group PLC to invest INR 10.00 billion in India Infoline Finance
Wednesday, 20 Jul 2016 07:49am EDT 

IIFL Holdings Ltd : CDC Group PLC to invest INR 10.00 billion in India Infoline Finance .  Full Article

Fairfax India Holdings Corporation announces offer to acquire 26 pct of IIFL Holdings Limited
Monday, 13 Jul 2015 11:22pm EDT 

Fairfax India Holdings Corporation:Announces that its wholly-owned subsidiary, FIH Mauritius Investments Ltd, has issued a public announcement of an open offer to acquire up to about 83,128,852 equity shares of IIFL Holdings Limited, formerly India Infoline Limited, at a price of about $ 3.07 per share at current exchange rates.Says other than those shares already owned by it and its affiliates according to regulations of the Securities and Exchange Board of India for substantial acquisitions of shares and takeovers.Says assuming full acceptances in the Offer, FIH will, together with certain of its affiliates, acquire 26 pct of the outstanding shares of IIFL for an aggregate consideration of about $255 million at current exchange rates by way of the Offer.Says the offer is expected to close later this year subject to receipt of regulatory approvals in India.  Full Article

More From Around the Web

BRIEF-IIFL Holdings Dec-qtr profit up about 41 pct

* Dec Quarter consol total income from operations 12.71 billion rupees

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