Corporate Announcement
Security Code : 532636    Company : IIFL    
 
Announcement under Regulation 30 (LODR)-Scheme of ArrangementDownload PDF Download XBRL
  Exchange Received Time  16/03/2018 17:35:24         Exchange Disseminated Time   16/03/2018 17:35:33              Time Taken   00:00:09
Further to our intimation dated January 31, 2018 with regards the proposed reorganization of the Company and the Subsidiaries of the Company, the Company has filed the draft Composite Scheme of Arrangement amongst the Company, India Infoline Media and Research Services Limited, IIFL Securities Limited ('Formerly India Infoline Limited'), IIFL Wealth Management Limited, India Infoline Finance Limited, IIFL Distribution Services Limited, and their respective shareholders, under Sections 230 - 232 and other applicable provisions of the Companies Act, 2013 (hereinafter referred to as 'Draft Scheme') and other required documents under Regulation 37 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular no CFD/DIL3/2017/21 dated March 10, 2017 with NSE and BSE.

The draft scheme is also made available on the website of the Company at https://www.iifl.com/investor-relations/corporate-announcements

 

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