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IIFL Holdings gets NCLT’s approval for scheme of arrangement

08 Sep 2017 Evaluate

IIFL Holdings has received National Company Law Tribunal’s (NCLT) approval for the Scheme of Arrangement between the company and 5Paisa Capital and their respective shareholders. The NCLT at its hearing held on September 06, 2017 has approved the same.

The India Infoline (IIFL) group, comprising the holding company, India Infoline and its subsidiaries, is one of the leading players in the Indian financial services space.

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