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IIFL Finance acquisition announcements

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01:34 IST NSE
AcquisitionIIFL Finance Ltd IIFL

IIFL Finance Acquisition Worth ₹37.7 Cr

IIFL Finance subsidiary IIFL Fintech is acquiring a stake in Xtracap Fintech India Private Limited for ₹37.7 Crore. The acquisition enables IIFL to expand into the underserved supply chain financing market. The transaction, expected to close within 45 days, will strengthen IIFL's MSME lending capabilities and portfolio diversification.

Value
₹37.70 Cr
Execution
Within 45 Days