General Announcement::Purchase of shares of IIFL Samasta Finance Limited, Subsidiary Company

Issuer & Securities

Issuer/ Manager
IIFL FINANCE LIMITED
Securities
IIFL FINANCE US$400M5.875%N230420 - XS2113454115 - Y5BB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
28-Jul-2022 22:05:55
Status
New
Announcement Sub Title
Purchase of shares of IIFL Samasta Finance Limited, Subsidiary Company
Announcement Reference
SG220728OTHRTBQI
Submitted By (Co./ Ind. Name)
IIFL Finance Limited/Sneha Patwardhan
Designation
Company Secretary
Effective Date and Time of the event
28/07/2022 17:00:00
Description (Please provide a detailed description of the event in the box below)
In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( Listing Regulations ), we hereby inform you that the Company has approved purchase of 12,45,55,797 equity shares of IIFL Samasta Finance Limited, a Subsidiary Company ( IIFL Samasta ) (representing 25% of equity share capital) from IIFL Home Finance Limited ( HFC ), wholly owned subsidiary of the Company. The said transaction was completed on July 27, 2022 and accordingly, the Company s shareholding in IIFL Samasta increased from 74.41% to 99.41%.

The details as required under Regulation 30 of the Listing Regulations read with SEBI circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015 is attached herewith as Annexure 1

Attachments

Outcome.pdf
Total size =539K