IIFL Wealth Group to acquire L&T Finance Holdings’ arm

29 Aug 2019

IIFL Wealth Group has entered into a definitive agreement to acquire L&T Finance Holdings’ wholly owned subsidiary -- L&T Capital Markets. The move is expected to further strengthen IIFL Wealth's platform for serving high net-worth and ultra-high-worth families. L&T Capital Markets provides wealth management services for individual and institutional clients.

L&T Finance Holdings is a financial holding company offering a diverse range of financial products and services across the corporate, retail and infrastructure finance sectors, as well as mutual fund products and investment management services, through its direct and indirect wholly-owned subsidiaries.

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L&T Finance Holdings Share Price

87.60 -1.45 (-1.63%) May 12, 11:33
1 Year Price Chart
Peers
Company Name CMP
Bajaj Finance 5393.45
Aditya Birla Capital 119.05
Shriram Trans. Fin 1340.35
L&T Finance Holdings 87.60
Mah & Mah Finl. Serv 152.95
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Sensex vs L&T Finance Holdings
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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