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IIFL Holdings gets nod to infuse Rs 150 crore in India Infoline

01 Nov 2017 Evaluate

IIFL Holdings has received its board’s approval to infuse Rs 150 crore by way of additional Equity Capital into India Infoline, the broking subsidiary of the company to meet its business requirements. The company’s board gave approval for the same at its meeting held on October 31, 2017.

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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