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Iifl Finance Ltd ( Other Diversified Financial Services)Last traded on( 06/Jul/2020)

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We Would Like To Intimate The Stock Exchanges That Iifl Wealth Finance Ltd A Wholly Owned Subsidiary Of Iifl Wealth Management Ltd (proposed To Be Listed Company) Has Entered Into A Definitive Agreement With L&t Capital Markets Ltd (ltcm) And Its Shareholder L&t Finance Holdings Ltd (ltfh) On August 28 2019 To Acquire Upto 100% Of The Paid Share Equity Capital Of Ltcm From Ltfh At A Consideration Of Inr 230 Crore (plus Cash And Cash Equivalents) As Of The Closing Date. Ltcm Offers A Portfolio Of Comprehensive Products And Services Across Asset Classes Together With A Dedicated Set Of Research Professionals And Senior Private Bankers. The Move Is Expected To Further Strengthen Iifl Wealths Platform For Serving High Net-worth And Ultra-high-worth Families. ,iifl Finance Ltd - 532636 - Acquisition By Iifl Wealth & Asset Management - Disclosure Under Regulation 30 Of The Sebi (listing Obligations And Disclosure Requirements) 2015.28/Aug/2019