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.