MoneyWorks4Me

India Finsec acquires 100% stake in IFL Housing Finance

29 Dec 2016 Evaluate

India Finsec has made investment of Rs 5 lakh in IFL Housing Finance, through purchase of 50,000 equity shares (100% shares) of Rs 10 each. IFL Housing Finance is engaged in the business of providing finance and financial assistance.

India Finsec is an India-based non-banking financial company (NBFC). The company’s principal activities include providing finance and dealing in shares and securities. The company is engaged in the business of financing, inter corporate deposits, advancing short term loans etc.


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