L&T Finance Ltd.

IIFL Wealth Group has entered into a definitive agreement to acquire L&T Finance Holdings’ wholly owned subsidiary -- L&T Capital Markets. The move is expected to further strengthen IIFL Wealth's platform for serving high net-worth and ultra-high-worth families. L&T Capital Markets provides wealth management services for individual and institutional clients.

L&T Finance Holdings is a financial holding company offering a diverse range of financial products and services across the corporate, retail and infrastructure finance sectors, as well as mutual fund products and investment management services, through its direct and indirect wholly-owned subsidiaries.