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IIFL Securities sells 5% stake in Livlong Protection and Wellness Solutions

15 Dec 2021 Evaluate

IIFL Securities has completed the sale of 5% stake in Livlong Protection and Wellness Solutions (earlier known as IIFL Corporate Services), a wholly owned subsidiary of the company to Mr. Gaurav Dubey. Earlier on December 02, 2021, the company had entered into a Share Purchase Agreement (SPA) for aforesaid transaction.

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

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