IIFL simplifies corporate structure
About the companies The Boards of Directors of IIFL Holdings and its subsidiary companies, at their respective meetings, held on January 31, 2018, have decided to reorganize the corporate structure. Over the last 23 years, IIFL has expanded into multiple financial services activities. Today, the group’s business comprises three distinct business lines: Loans and Mortgages; Wealth and Asset Management; and Capital Markets The reorganization will result in three listed entities, one for each of the above businesses. IIFL Holdings Ltd (IHL) was founded in 1995 and is a diversified financial services company. It provides financial services including investment banking, institutional equities, advisory services, financing, asset & wealth management, financial advisory, broking and financial product distribution by itself and through its various subsidiaries. IHL is listed on the BSE Limited and National Stock Exchange of India Limited. India Infoline Media & Rese...