StockWatch
·
Stockbroking & Allied
Shareholding5 Nov 2026, 09:15 am

FIH Mauritius Investments Acquires 5.71 Cr Shares in IIFL Capital Services

AI Summary

FIH Mauritius Investments Ltd has acquired 57,142,857 equity shares (approximately 11.22% stake) in IIFL Capital Services Limited through a preferential issue at ₹350 per share. This acquisition increases FIH Mauritius Investments' total shareholding to 38.04%. The shares allotted via preferential issue will not have voting rights until the completion of an open offer and will be held in a demat escrow account. The total shareholding of FIH Mauritius Investments and its PACs now stands at 40.82%. This transaction is in compliance with SEBI (SAST) Regulations, 2011.

Key Highlights

  • FIH Mauritius Investments acquired 5.71 Cr shares via preferential allotment.
  • Acquisition price was ₹350 per share.
  • IIFL Capital Services' shareholding for FIH Mauritius increases to 38.04%.
  • Voting rights on preferential shares are restricted pending open offer.
  • Total promoter group holding reaches 40.82%.