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IIFL Wealth Management Limited board to consider fund raising of Rs. 250 crores

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A meeting of the Resource Raising Committee of IIFL Wealth Management Limited is scheduled to be held on Thursday, November 18, 2021, to consider the offer and issue of secured redeemable nonconvertible debentures upto Rs. 250 Crores (including but not limited to principal protected market linked / non-principal protected / structured product / fixed coupon / deep discount / zero coupon) by the Company on a private placement basis.

Shares of Iifl Wealth Management Limited was last trading in BSE at Rs. 1586.40 as compared to the previous close of Rs. 1579.00. The total number of shares traded during the day was 1918 in over 501 trades.

The stock hit an intraday high of Rs. 1617.40 and intraday low of 1568.05. The net turnover during the day was Rs. 3049710.00.