IIFL Capital Services Merger & Restructuring Worth ₹0 Cr

IIFL Capital Services Adverse Business Impact

IIFL Capital Services' subsidiary surrendered its SEBI Investment Adviser registration, effective October 28, 2026. The company states there is no material monetary impact and no penalty.

IIFL Capital Services Results Update

IIFL Capital Services reported consolidated Q2FY27 revenue of ₹722 crore, up 22% year-on-year, with PBT of ₹174 crore. The press release also covers the Fairfax change-in-control and a proposed NBFC subsidiary.

IIFL Capital Services Investor Presentation: Key Takeaways

Q2FY27 revenue ₹7,219 Mn (+22% YoY) and PAT ₹1,266 Mn (+49% YoY). H1FY27 PAT ₹3,108 Mn (+19%). Fairfax to acquire up to 51% with ~₹20 bn capital infusion.

IIFL Capital Services Management Change

IIFL Capital's board appointed Vasudev Jagannath as Additional and Whole-Time Director. He will become Managing Director from January 2027, subject to approvals.

Execution

3 years from appointment

IIFL Capital Services Q2 FY27 Results: Net Profit ₹126.6 Cr, Up 48.8% YoY

IIFL Capital Services Ltd reported revenue from operations of ₹714.4 Cr (+24.9% YoY) and net profit of ₹126.6 Cr (+48.8% YoY) for Q2 FY27.

Key figure

Net profit ₹126.6 Cr · +48.8% YoY

IIFL Capital Services Board Meeting Date

IIFL Capital Services will hold a board meeting on 28 October 2026 to consider unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026. The trading window stays closed from 01 to 30 October 2026.

Quint Digital Merger & Restructuring

Quint Digital's board approved a Rule 10b5-1 trading plan and the incorporation of a wholly owned overseas subsidiary. No investment amount was disclosed.

Hexaware Technologies Merger & Restructuring

Hexaware Technologies approved a slump sale of its step-down subsidiary Tech SMC Square India to Tech SMC Squared (GCC) India, a related-party deal. Consideration is cash, yet to be set by a registered valuer.

Execution

Expected completion by 30 June 2027; agreement date stated as 1 December 2026

Emkay Global Financial Services Merger & Restructuring Worth ₹2.75 Cr

Emkay Global agreed to sell its Wealth Management Business to a step-down subsidiary, Emkay Wealth Advisory, for Rs. 2.75 Crore cash. Completion is expected by 26 January 2027.

Value

₹2.75 Cr

Execution

Completion expected by 26 January 2027

TVS Holdings Merger & Restructuring

TVS Holdings forwarded TVS Motor's board outcome of October 28, 2026 approving acquisition of Harita ARC and a composite scheme of amalgamation and demerger. The scheme is subject to stock exchange, SEBI, NCLT and shareholder approvals.

Emkay Global Financial Services Merger & Restructuring Worth ₹30 Cr

Emkay Global approved transferring two subsidiaries to new subsidiary ECPL and slump-selling its wealth business. Up to Rs.30 Crore rights investment in ECPL was also approved.

Value

₹30.00 Cr

Execution

Divestment completion expected within 90 days of SPA execution, subject to regulatory approvals

Fortis Healthcare Merger & Restructuring Worth ₹277 Cr

Fortis subsidiary International Hospital acquired Suguna Ramaiah Hospitals' business, operations, land and building for Rs 277 Crore cash. The deal was consummated today, strengthening Bengaluru presence.

Value

₹277.0 Cr