StockWatch
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Stockbroking & Allied
Acquisitions5 Nov 2026, 09:14 am

IIFL Capital Services: FIH Mauritius Investments Acquires 15.33% Stake

AI Summary

FIH Mauritius Investments Ltd has acquired 57,142,857 equity shares in IIFL Capital Services Limited through a preferential issue. This transaction represents a 15.33% stake acquisition based on total share capital and 14.06% on a diluted basis. Following the acquisition, FIH Mauritius Investments Ltd's total holding in IIFL Capital Services Limited increased from 26.82% to 38.04% of the total share capital and from 24.23% to 34.88% on a diluted basis. The total equity share capital of the Target Company increased from INR 63,10,65,024 to INR 74,53,50,738.

Key Highlights

  • FIH Mauritius Investments acquired 57,142,857 shares via preferential allotment.
  • The acquisition represents a 15.33% stake in IIFL Capital Services.
  • FIH Mauritius Investments' total holding increased to 38.04% of total share capital.
  • The transaction was completed on November 4, 2026.
  • IIFL Capital Services' equity share capital increased post-acquisition.