CDC partially exits IIFL Finance, US-based The Capital Group joins cap table
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CDC partially exits IIFL Finance, US-based The Capital Group joins cap table

By Ankit Agarwal

  • 01 Jul 2021
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CDC partially exits IIFL Finance, US-based The Capital Group joins cap table
Credit: 123RF.com

UK’s development finance institution CDC Group has sold a little less than a fourth of its holding in Nirmal Jain-promoted IIFL Finance.   It sold 1.4 crore shares for Rs 240.64 apiece in a bulk deal on BSE on Wednesday pocketing close to Rs 337 crore.  Five years ago, CDC had invested ......

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