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IIFL Wealth Management completes acquisition of LTCM

24 Apr 2020 Evaluate

IIFL Wealth Management (IIFL Wealth) has completed the acquisition of 100% of the paid- up share capital of L&T Capital Markets (LTCM) on a fully diluted basis from L&T Finance Holdings on April 24, 2020. Accordingly, LTCM has become a wholly owned subsidiary of the Company.

IIFL Wealth Management engages in the retail of financial products and services in India.

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