IIFL Wealth Management has informed that the Company is in receipt of the enclosed letter dated March 30, 2022, from BC Asia Investments X and the press release annexed thereto titled ‘Bain Capital to acquire 24.98% stake in IIFL Wealth, India’s Leading Wealth and Asset Management Company’ issued by BC Asia Investments X. Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has informed the same to the stock exchanges for wider dissemination.
The above information is a part of company’s filings submitted to BSE.
