India Finsec has made investment of Rs 40 lakh in IFL Housing Finance, wholly-owned subsidiary of India Finsec, through purchase of 4,00,000 equity shares (100% shares) of Rs 10 each through right issue on August 23, 2017. 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.
