India Infoline Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on January 17, 2008, inter alia, have accorded the following:
1. Authority to the Board to issue, offer and allot 37,00,000 (Thirty-Seven Lacs) Equity Shares of Rs 10 each on preferential basis to Orient Global Tamarind […]

India Infoline Ltd has informed BSE that pursuant to approval of shareholders and other regulatory approvals, the Board of Directors of the Company have vide circular resolution passed on January 30, 2008, has approved allotment of 37,00,000 equity shares of the Company to Orient Global Tamarind Fund Pte Ltd on preferential basis in terms of […]

India Infoline Ltd has informed BSE that the shareholders of the Company by way of Postal Ballot have passed the special resolutions, with overwhelming requisite majority:
1. Alteration of the Main Objects Clause of the Memorandum of Association of the Company by substitution of the new object 1 in place and instead of present object 1 […]

With reference to the news item appearing in a leading financial daily titled “India Infoline to invest Rs 2,500 crore in IIFL”, India Infoline Ltd has clarified that the Board has approved investment of upto Rs 25 crore in the subsidiary Company IIFL Wealth Management Ltd; and not Rs 2,500 crore as published in above […]

India Infoline Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 22, 2008, has approved the following:
1. Allotment of 15,000 equity shares, pursuant to the exercise of options granted under the ESOP scheme of the Company.
2. Investment of upto Rs 25 Crore in the subsidiary Company […]

India Infoline Ltd has informed BSE that the shareholders at the Extra Ordinary General Meeting (EGM) of the Company held on January 17, 2008, have approved the following special business:
1. Issue of 37,00,000 equity shares on preferential basis to Orient Global Tamarind Fund Pte. Ltd. in terms of SEBI Preferential issue guidelines.
2. Increase of Authorise […]

India Infoline Ltd has informed BSE that ICRA has upgraded the rating to the Rs 20 billion (enhanced from Rs 3.5 billion) Short Term Debt programme of India Infoline Investment Services Ltd (IIISL) from A1 (pronounced A one) to A1+ (pronounced A one plus). ICRA has also assigned an A1+ (pronounced A one plus) rating […]

India Infoline Ltd has informed BSE that the Board of Directors of the Company have decided, through a circular resolution passed on January 07, 2008, to incorporate a new subsidiary company for undertaking the business of providing wealth management services. The Board of Directors of the newly formed subsidiary will take appropriate decisions as regards […]