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IIFL Capital Services Allots ₹20,000 Cr Equity to FIH Mauritius

📰 Stockwatch 🕐 1 min read 📅 November 4, 2026 👁 2 views
IIFL Capital Services Allots ₹20,000 Cr Equity to FIH Mauritius
IIFL Capital Services Limited has approved the allotment of 5,71,42,857 equity shares of face value INR 2/- each at an issue price of INR 350/- per share to FIH Mauritius Investments Ltd. This preferential issue, aggregating to INR 19,999,999,950 (INR 19,999.99 Crores), was approved by the Preferential Issue Committee on November 4, 2026. The allotment follows earlier board approval on May 7, 2026, and receipt of all necessary regulatory approvals. This transaction increases the company's issued, subscribed, and paid-up equity share capital from 31,55,32,512 to 37,26,75,369 equity shares. The newly allotted shares will be listed on BSE and NSE.
Read full article on Stockwatch

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