At meeting held on 12 March 2020
The Board of IIFL Finance at its meeting held on 12 March 2020 has approved the following -The Board noted that on 11 March 2020, IIFL Finance received the non-banking finance company license from the Reserve Bank of India to carry on the non banking financial activity. The merger of India Infoline Finance (NBFC subsidiary) with the company will be effective after the requisite forms are filed with the RoC by 31 March 2020.
Appointment of Sumit Bali, ED and CEO of India Infoline Finance as an Additional Director in the capacity of Executive Director and CEO of the company with effect from 12 March 2020.
Appointment of Rajesh Rajak as the CFO of the company with effect from 12 March 2020.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app