British International Investment PLC (formerly known as CDC Group PLC) has offloaded 1.6 crore equity shares of IIFL Finance via open market transactions on June 10. With this, its shareholding in the company stands reduced to 3.56 percent, down from 7.77 percent earlier.
On the other hand, as per bulk deals data, MAX Life Insurance Company has acquired 24.6 lakh equity shares in the company and Nomura India Investment Fund Mother Fund bought 44,74,548 equity shares at an average price of Rs 325.1 per share.
IIFL Finance is an Indian diversified financial services company.
