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IIFL Finance’s arm acquires 89.69% stake in Xtracap Fintech

13 Jun 2026 Evaluate

IIFL Finance’s wholly-owned subsidiary-- IIFL Fintech has completed the acquisition of Xtracap Fintech India (Xtracap). Consequently, IIFL Fintech holds 89.69% of the paid-up share capital of Xtracap, and, accordingly, Xtracap stands classified as a step-down subsidiary of the Company.

IIFL Finance (Erstwhile ‘IIFL Holdings Limited’) is one of the leading players in the Indian financial services space. 


Peers
Company Name CMP
Bajaj Finance 1034.20
Shriram Finance 1028.00
Aditya Birla Capital 398.60
Tata Capital 362.80
Chola Invest & Fin. 1845.00
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