
Subsidiary30 Jul 2026, 07:10 pm
IIFL Capital Services Incorporates Singapore Subsidiary
AI Summary
IIFL Capital Services Ltd announced the incorporation of its wholly owned subsidiary in Singapore, named "IIFL Capital Singapore Pte. Ltd.". The incorporation was approved by the Accounting and Corporate Regulatory Authority (ACRA), Singapore, on July 30, 2026. This new entity will focus on Business Support Services and Management Consultancy. The company acquired 100% of the initial share capital for SGD 1.00. This move aligns with the company's strategy to expand its operations internationally.
Key Highlights
- IIFL Capital Services Ltd has incorporated a wholly owned subsidiary in Singapore.
- The subsidiary, "IIFL Capital Singapore Pte. Ltd.", was approved by ACRA on July 30, 2026.
- The subsidiary will engage in Business Support Services and Management Consultancy.
- IIFL Capital Services Ltd holds 100% of the subsidiary's initial share capital.
Price Impact
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