You are here: Home » News-CM » Companies » News
Business Standard

IIFL Wealth Management update on composite scheme of arrangement

Capital Market 

IIFL Wealth Management (IIFLW) announced the successful migration of the entire Broking, DP, Distribution activities, operations, system and process from IIFLW to wholly owned subsidiary, IIFL Wealth Distribution Services (IIFLWDSL)from 03 May 2021, pursuant to the composite scheme of arrangement as approved by the NCLT.

Accordingly, the Broking, DP and distribution activities of IIFLW are being conducted under IIFLWDSL.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Tue, May 04 2021. 13:00 IST