Business Standard

IIFL Holdings locked at 5% lower circuit post spin-off; hits Rs 200 on NSE

On the National Stock Exchange, the stock has frozen 5 per cent lower circuit at Rs 200, after opening at Rs 210.

IIFL Holdings locked 5% lower circuit as stock turn ex-spin off

SI Reporter Mumbai
Shares of IIFL Holdings hit the lower circuit of 5 per cent at Rs 188 on the BSE after the stock turned ex-spin off today. On the National Stock Exchange (NSE), the stock slipped to Rs 200 apiece, its lower circuit filter for the day after opening at Rs 210.

Till 12:54 pm, a combined 64,584 equity shares had changed hands and there were pending sell orders for 9,11,397 shares on the BSE and NSE.

The board of directors of the company, at their meeting held on January 31, 2018, had approved the reorganisation of IIFL Group, into three listed

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 30 2019 | 1:15 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to