IIFL Capital Services Board Approves Subsidiary Winding Up & Transfer

IIFL Capital Services Limited's Board of Directors, in a meeting held on September 11, 2026, approved the voluntary winding up of its wholly-owned subsidiary, IIFL Securities Services IFSC Limited. The board also approved the transfer of another wholly-owned subsidiary, India Infoline Foundation, to IIFL Finance Limited. The subsidiary IIFL Securities Services IFSC Limited had nil revenue and a net worth of ₹(2.09) lakh as of March 31, 2026, with no business operations commenced. India Infoline Foundation, a Section 8 company, also does not carry commercial activities. The consideration for the transfer of India Infoline Foundation is ₹10,000.