India Finsec has made investment of Rs 3.9 crore in IFL Housing Finance, subsidiary of India Finsec, through purchase of 39,00,000 equity shares at Rs 10 each through right issue on February 28, 2018. With this, the company is planning to enter into housing finance business.
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.
