India Infoline has received an in-principle approval to restructure the group business including transfer of company’s broking, DP, PMS and Investment Banking business to a wholly owned subsidiary through appropriate scheme/ arrangements. The board of company at its meeting held on April 01, 2013 has considered and approved for the same.
For this purpose the board has appointed a Committee of Directors to finalize the re-arrangements within the group, scheme and all other requirements including the regulatory and other approvals.
India Infoline offers financial services ranging from equities, derivatives, commodities, wealth management, asset management, insurance, fixed deposits, loans, investment banking, GoI bonds and other small savings instruments.
