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IIFL Wealth Management gets nod to raise Rs 29.86 crore via NCDs

08 Jan 2022 Evaluate

IIFL Wealth Management’s board has approved the allotment of 298 rated secured redeemable principal protected market linked non-convertible debentures (NCDs) of face value Rs 10 lakh each, at an issue price of Rs 10,02,041 each, aggregating to Rs 29.86 crore on a private placement basis. The Resource Raising Committee of the Company at its meeting held on January 7, 2022 has approved the allotment of the same.

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

360 One Wam Share Price

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Peers
Company Name CMP
Motilal Oswal Fin 836.20
Angel One 307.70
IIFL Capital Service 313.25
Nuvama Wealth 1330.65
Share India Sec. 142.55
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