Stay away from mid-caps now: IIFL
Though there is a hope of reduction in taxation and direct tax reforms, the weekend statement is getting a lot of HNI community worried, says the IIFL V-P.26-12-2016
26-12-2016
Allotment of Equity Shares upon exercise of ESOPs
IIFL Holdings Ltd has informed BSE that the Nomination and Remuneration Committee of the Board of Directors of the Company by way of circular resolution(s) allotted 1,37,000 equity shares to the employees of the Company / Subsidiaries upon exercise of stock options under Employee Stock Option Schemes.Upon allotment, the equity base of the Company stand increased from equity shares 31,74,50,854 to 31,75,87,853 equity shares of Rs. 2/- each.20-12-2016
Invest in equities with 2018-19 in mind: Nirmal Jain
Last 22 years, we have been focussed on financial services. We find there is no need for us to look at diversifications or anything else, says IIFL chairman.19-12-2016
Four banking stks that are likely to be clear winners
Slightly pessimistic on largecap private banks because the NIMs are expected to contract quite sharper than most people thonk, says IIFL executive VP10-12-2016
Updates on Allotment of Equity Shares upon exercise of ESOPs
With reference to earlier letter dated November 17, 2016 with regard to allotment of Equity Shares upon exercise of ESOPs, IIFL Holdings Ltd has now informed BSE that :"We have inadvertently mentioned that the equity base of the Company increased from 31,70,95,854 to 31,74,50,854 equity shares.We request you to kindly ignore the same and note that upon allotment, the equity base of the Company increased from 31,70,95,854 to 31,74,50,853 equity shares of Rs. 2/- each".18-11-2016
Allotment of Equity Shares upon exercise of ESOPs
IIFL Holdings Ltd has informed BSE that the Nomination and Remuneration Committee of the Board of Directors of the Company by way of circular resolution(s) allotted 3,55,000 equity shares to the employees of the Company/ Subsidiaries upon exercise of stock options under Employee Stock Option Schemes.Upon allotment, the equity base of the Company stand increased from equity shares 31,70,95,854 to 31,74,50,854 equity shares of Rs. 2/- each.18-11-2016
Updates
IIFL Holdings Ltd has informed BSE that the Company's NBFC subsidiary namely India Infoline Finance Limited ["IIFL"] proposes to acquire the management and control of Samasta Microfinance Limited ["Samasta"], a Non Banking Finance Company - Micro Finance Institution [NBFC-MFI] registered with RBI and based in Bangalore through acquisition of upto 100% equity shares of Samasta subject to completion of necessary due diligence, regulatory and other internal approvals....17-11-2016
'Money pullback good for markets in the long run'
NIRMAL JAIN, chairman of IIFL Group, explains the impact of demonistisation in an interview with Rajesh Bhayani. He says the process is like de-printing money and that it will help the economy. Edited excerpts:17-11-2016
IIFL Holdings surges on robust Q2 profit
The stock surged 11% to Rs 314, also its 52-week high on BSE.27-10-2016
Intimation on Earnings Conference Call
IIFL Holdings Ltd has informed BSE regarding "Intimation on Earnings Conference Call".26-10-2016