IIFL Capital Services Fund Raise of ₹2,000 Cr
IIFL Capital Services Limited announced a ₹2,000 Crore primary capital infusion from Fairfax India at ₹350 per share. Post-transaction, Fairfax India will become part of the promoter group with a minimum 51% stake, triggering a mandatory open offer. This strategic investment aims to strengthen the company's balance sheet and support its next growth phase.
- Value
- ₹2,000 Cr