IIFL Securities enters into SPA for sale of entire stake in Giskard Datatech

IIFL Capital Services Ltd. | Finance - Stock Broking | BFSI | BSE: 542773 | NSE: IIFLCAPS

11 Dec 2021 Evaluate

IIFL Securities has entered into a Share Purchase agreement (SPA) on December 10, 2021 for the sale of its entire stake (21.47%) in Giskard Datatech (Trendlyne), an associate of the Company, to IIFL Capital Enhance Fund (AIF Category II). Upon completion of formalities under the SPA, Trendlyne will cease to be an associate of the Company.

IIFL Securities operates as an investment management company. The Company offers insurance, loans, mutual funds, property solutions, and wealth management services.

Peers

Company Name	CMP
Motilal Oswal Fin	1031.15
Angel One	288.00
Nuvama Wealth Mgmnt.	1680.35
IIFL Capital Service	346.75
Multi Commodity Exch	3325.00
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.