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IIFL Holdings to infuse Rs.150 cr into India Infoline

As per IIFL Holdings, its board has decided to inject Rs.150 crore into its broking subsidiary, India Infoline via additional equity capital.

In a BSE filing IIFL Holdings stated, “The board at its meeting decided to infuse Rs 150 crore by way of additional equity capital into India Infoline Ltd, the broking subsidiary of the company, to meet its business requirements.”

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