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IIFL Finance Limited

DecreasedSAST
IIFLNon Banking Financial Company (NBFC)Market Cap₹25K Cr
American Funds (Capital Group)
American Funds (Capital Group)
Investor
The move

American Funds (Capital Group) sold 1,43,64,701 shares of IIFL Finance for ₹665.95 Cr at ₹463.60 apiece, decreasing its stake from 5.20% to 1.81% in an open market transaction. This transaction caused their shareholding to fall below the 5% disclosure threshold.

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