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IIFL Wealth Management Ltd - Update With Respect To Our Intimation To Stock Exchanges Dated March 31, 2022
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19 Sep 2022
This refers to our intimation dated March 31, 2022, with regard to the proposed sale of 22,155,000 (twenty-two million one hundred fifty-five thousand) equity shares of IIFL Wealth Management Limited (&apos;Company&apos;), by General Atlantic Singapore Fund Pte. Ltd. and FIH Mauritius Investments Ltd., certain public shareholders of the Company, to BC Asia Investments X Limited, subject to regulatory approvals. In this regard, we would like to update you that IIFL Asset Management Limited (&apos;IIFL AMC&apos;), a wholly owned subsidiary of the Company, has received the necessary prior &apos;no objection&apos; from Securities and Exchange Board of India (&apos;SEBI&apos;) under SEBI (Mutual Fund) Regulations, 1996, for the aforesaid proposed sale of shares of the Company.
View all announcements for IIFL Wealth Management Ltd Source: BSE India