IIFL Finance share news, announcements and annual reports
NSE: IIFLBSE: 532636FinanceSmall Cap
IIFL Finance Limited · Formerly IIFL Holdings · Face value ₹2 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed May 2005
Last close ₹527.65down ₹34.55 (6.15%)BSE ₹528.00
Share price at the NSE close on 30 Oct 2026. Previous close ₹562.20.
30 Oct: open ₹555.00, high ₹559.00, low ₹522.10
52-week range of traded prices to 30 Oct 2026
₹409.10Low, 27 Apr 2026₹705.00High, 24 Aug 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹22,521 Cr330th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 9.04
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 1.46
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.76%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 17.6%
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Net interest margin in the glossary
- 8.82%
- Cost of fundsCost of funds. Interest paid ÷ the average of what the company pays interest on × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Cost of funds in the glossary
- 9.51%
- Credit costCredit cost. What was set aside for loans that may not be repaid ÷ average loans given × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Credit cost in the glossary
- 2.75%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026. Return on assets in the glossary
- 2.32%
- LeverageAssets per rupee of net worth. Average total assets ÷ average net worth: rupees of assets for each rupee of net worth; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026. Assets per rupee of net worth in the glossary
- 5.30times net worth
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 16,47,97051.1% delivered
IIFL Finance share news and announcements
1,696 announcements, routine notices left out, newest first. Page 31 of 34.
Jul 2009
17 Jul · Business
Press release dated July 17, 2009, titled "India Infoline Q1FY10 income and net profit at Rs.2,563.4 mn and Rs.516.8mn". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.17 Jul · Board meeting
Vide its letter dated July 17, 2009 that "The Board of Directors at its Meeting held today have deferred the decision of declaring interim dividend".17 Jul · Results
Standalone Results for the quarter ended on 30-JUN-2009 as follows: Net Sales of Rs. 17951.06 lacs for quarter ending on 30-JUN-2009 against Rs. 16133.26 lacs for the quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 4450 lacs for the quarter ending on 30-JUN-2009 against Rs. 4118.38 lacs for the quarter ending on 30-JUN-2008.17 Jul · Results
Consolidated Results for the quarter ended on 30-JUN-2009 as follows: Net Sales of Rs. 25625.56 lacs for quarter ending on 30-JUN-2009 against Rs. 26839.96 lacs for the quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 5167.79 lacs for the quarter ending on 30-JUN-2009 against Rs. 4953.91 lacs for the quarter ending on 30-JUN-2008.10 Jul · Board meeting
Inter alia: 1) To consider the unaudited financial results of the Company for the First Quarter ended June 30, 2009. 2) To consider interim dividend, if any. 3) Any other business with the permission of the Chair.7 Jul · Disclosure
As notified on January 28, 2009, the disclosures of pledge of Shares as on June 30, 2009, as received from the Promoter/ Promoter Group entities of the Company. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.2 Jul · Business
Press release dated July 02, 2009, titled "India Infoline announces strategic agreement with Interative Brokers LLC (USA); clients to get online access to trade in global securities". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jun 2009
22 Jun · Meeting
Notice of the Annual General Meeting of the members of the Company will be held on July 17, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.8 Jun · Business
Press release dated June 08, 2009, titled "IIFL - Auerbach Grayson: Mutual decision to end partnership". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.5 Jun · Updates
There was no buy back of shares by India Infoline Limited for the entire month of May, 2009. Further as no shares have been bought back and extinguished for the said month no extinguishment certificate has been filed
May 2009
28 May · Grant of Stock Options
Board of Directors of the Company has on May 27, 2009 vide a circular resolution granted 3,00,000 Employee Stock Options at Rs. 100/- to the employees under the Employee Stock Option Scheme, 2008.11 May · Meeting
Annual General Meeting of the Shareholders of the Company for the financial year 2008-2009 is scheduled to be held on July 17, 2009. Further, the Company will close its Transfer Books from July 10, 2009 to July 17, 2009 (both days inclusive) for the above mentioned purpose.5 May · Updates
75,00,000 Equity Warrants issued on preferential basis to India Infoline Employee Trust of November 01, 2007 have lapsed on April 30, 2009 due to non-exercise of Equity Warrants.
Apr 2009
28 Apr · Business
Revised press release dated April 28, 2009, titled "India Infoline FY09 income and net profit at Rs 9,630.9 mn and Rs 1,448.1 mn". Further, the company has submitted a copy of revised performance highlights for year ended March 31, 2009. A copy of the revised press release and performance highlights shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.28 Apr · Business
Press release dated April 28, 2009, titled "India Infoline FY09 income and net profit at Rs 9,630.9 mn and Rs 1,448.1 mn". Further, the company has submitted a copy of performance highlights for year ended March 31, 2009. A copy of the press release and performance highlights shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.28 Apr · Results
Consolidated Results for the quarter ended on 31-MAR-2009 as follows: Net Sales of Rs. 18670.59 lacs for quarter ending on 31-MAR-2009 against Rs. 38331.1 lacs for the quarter ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 2528.66 lacs for the quarter ending on 31-MAR-2009 against Rs. 6588.6 lacs for the quarter ending on 31-MAR-2008.28 Apr · Results
Standalone Results for the quarter ended on 31-MAR-2009 as follows: Net Sales of Rs. 10370.39 lacs for quarter ending on 31-MAR-2009 against Rs. 20393.49 lacs for the quarter ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 1158.27 lacs for the quarter ending on 31-MAR-2009 against Rs. 3237.94 lacs for the quarter ending on 31-MAR-2008.28 Apr · Results
Consolidated Results for the year ended on 31-MAR-2009 as follows: Net Sales of Rs. 96066.21 lacs for year ending on 31-MAR-2009 against Rs. 102012.13 lacs for the year ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 14481.94 lacs for the year ending on 31-MAR-2009 against Rs. 15987.69 lacs for the year ending on 31-MAR-2008.28 Apr · Results
Standalone Results for the year ended on 31-MAR-2009 as follows: Net Sales of Rs. 55529.71 lacs for year ending on 31-MAR-2009 against Rs. 61610.59 lacs for the year ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 10582.54 lacs for the year ending on 31-MAR-2009 against Rs. 12868.68 lacs for the year ending on 31-MAR-2008.20 Apr · Board meeting
Inter alia:(1). To consider the audited financial results of the Company for the Quarter and financial year ended March 31, 2009. (2) Any other business with the permission of the Chair.
Mar 2009
16 Mar · Buy back
Advertisement dated March 14, 2009, published on March 16, 2009 pursuant to Regulation 15(i) of the SEBI (Buy-back of Securities) Regulations, 1998, stating the information pertaining to Equity Shares bought back on a fortnightly basis from the open market through Stock Exchanges. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.9 Mar · Buy back
Advertisement dated March 06, 2009, published in the newspaper on March 07, 2009 pursuant to Regulation 15(i) of the SEBI (Buy-back of Securities) Regulations, 1998, stating the information pertaining to Equity Shares bought back on a fortnightly basis from the open market through Stock Exchanges. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Feb 2009
17 Feb · Business
Press release dated February 17, 2009, titled "India Infoline receives Registration for Housing Finance Company from NHB". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.16 Feb · Buy back
Advertisement dated February 13, 2009, published in the newspaper on February 16, 2009 pursuant to Regulation 15(i) of the SEBI (Buy-back of Securities) Regulations, 1998, stating the information pertaining to Equity Shares bought back on a fortnightly basis from the open market through Stock Exchanges. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.10 Feb · Disclosure
Revised disclosure in terms of Regulation 8A(4) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) (Amendment) Regulations, 2009. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.9 Feb · Disclosure
As notified on January 28, 2009, the disclosures of pledge of Shares, received from the Promoter/ Promoter Group entities of the Company. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.3 Feb · Buy back
Advertisement dated January 30, 2009, published in the newspaper on February 02, 2009 pursuant to Regulation 15(i) of the SEBI (Buy-back of Securities) Regulations, 1998, stating the information pertaining to Equity Shares bought back on a fortnightly basis from the open market through Stock Exchanges. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jan 2009
30 Jan · Buy back
Advertisement dated January 28, 2009, published in the newspaper on January 29, 2009 pursuant to Regulation 15(i) of the SEBI (Buy-back of Securities) Regulations, 1998, stating the information pertaining to Equity Shares bought back on a fortnightly basis from the open market through Stock Exchanges. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.22 Jan · Dividend
Company shall commence dispatch of the Dividend Warrants on and from February 12, 2009.21 Jan · Business
Press release dated January 21, 2009, titled " India Infoline quarterly income and net profit at INR2304Mn and INR297.8Mn". Further, the company has also submitted Highlights - Q3 FY09 (Oct-Dec'08). A copy of the same alongwith the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.21 Jan · Updates
Board of Directors of the Company at its meeting held on January 21, 2009 has considered and approved: (1) Besides the existing Overseas Subsidiaries, the Company proposes to set-up Wholly Owned Subsidiaries in UK, Dubai and Mauritius for undertaking financial services business subject to respective regulatory approvals. The Board has approved an Investment upto US$ 10 Mln in Overseas Subsidiaries for their business.21 Jan · Dividend
Board of Directors of the Company at its meeting held on January 21, 2009 has declared an Interim Dividend of Rs. 2.80 per Equity Share of Rs.2/- each for the financial year 2008-09.21 Jan · Results
Consolidated Results for the quarter ended on 31-DEC-2008 as follows: Net Sales of Rs. 22951.13 lacs for quarter ending on 31-DEC-2008 against Rs. 27604.52 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 2978.11 lacs for the quarter ending on 31-DEC-2008 against Rs. 4379.98 lacs for the quarter ending on 30-SEP-2008.21 Jan · Results
Standalone Results for the quarter ended on 31-DEC-2008 as follows: Net Sales of Rs. 11210.81 lacs for quarter ending on 31-DEC-2008 against Rs. 23175.29 lacs for the quarter ending on 31-DEC-2007. Net Profit / (Loss) of Rs. 2083.11 lacs for the quarter ending on 31-DEC-2008 against Rs. 6471.7 lacs for the quarter ending on 31-DEC-2007.19 Jan · Buy back
Advertisement dated January 16, 2009, published in the newspaper on January 19, 2009 pursuant to Regulation 15(i) of the SEBI (Buy-back of Securities) Regulations, 1998, stating the information pertaining to Equity Shares bought back on a fortnightly basis from the open market through Stock Exchanges. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.15 Jan · Corporate action
Company has fixed January 30, 2009 as 'Record Date' to determine the Equity Shareholders who would be eligible to receive the Interim Dividend if declared by the Board of Directors at its meeting scheduled on January 21, 2009.13 Jan · Board meeting
Inter alia: 1) To consider the unaudited financial results of the Company for the third quarter ended December 31, 2008. 2) To consider the Interim Dividend for the financial year 2008-09, if any. 3) Any other business with the permission of the Chair.5 Jan · Buy back
Advertisement dated January 2, 2009, published in the newspaper on January 03, 2009 pursuant to Regulation 15(i) of the SEBI (Buy-back of Securities) Regulations, 1998, stating the information pertaining to Equity Shares bought back on a fortnightly basis from the open market through Stock Exchanges. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.5 Jan · Updates
1,10,00,000 Equity Warrants issued on Preferential Basis to 7 identified persons including the Promoters and others on July 04, 2007 have lapsed on January 3, 2009 due to non-exercise of warrants2 Jan · Grant of Stock Options
Vide its letter dated January 02, 2009 that the Compensation Committee of the Board of Directors of the Company had on January 01, 2009 granted the following Employee Stock Options to the eligible employees: 1) 18,00,000 ESOPs under the Employee Stock Option Scheme, 2007 at previous day closing price - Rs. 50.90. 2) 45,00,000 ESOPs under the Employee Stock Option Scheme, 2008 at previous day closing price - Rs. 50.90.
Dec 2008
23 Dec · Disclosure
Board of Directors of the Company in their meeting held on November 17, 2008 and the Shareholders of the Company in the Extra-Ordinary General Meeting held on December 15, 2008 have approved certain modifications in ESOS 2005 and ESOS 2007 i.e. repricing of the terms of the unexercised Employee Stock Options issued under ESOS 2005 and ESOS 2007. A copy of modification in the ESOS same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.23 Dec · Meeting
Proceedings of the Extra Ordinary General Meeting of the Members of the Company, held on December 15, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.19 Dec · Grant of Stock Options
Compensation Committee of the Board of Directors of the Company has on December 18, 2008 vide a circular resolution granted the following Employee Stock Options: 1) 40.5 Million Employee Stock Options at previous day closing price (Rs. 45.3) to the employees of the Company under the Employee Stock Option Scheme, 2008. This includes the grant to the following employees, i.e. above 1% of Equity of the Company. (1) Name of grantee- Mr. Bharat Parajia; Number of Options- 10,000,000, (2) Name of grantee- Mr. H. Nemkumar; Number of Options- 10,000,000, (3) Name of grantee- Mr. Aniruddha Dange; Number of Options- 8,000,000, (4) Name of grantee- Mr. Vasudev Jagannath; Number of Options- 8,000,000.; 2) Granted 1.8 Million Employee Stock Options at previous day closing price (Rs. 45.3) to the employees under the Employee Stock Option Scheme, 2007.15 Dec · Meeting
Members of the Company at its Meeting held on December 15, 2008 approved all the resolutions contained in the Notice dated November 20, 2008; the summary of which are as follows: (1) Approval of maximum 50 Million Equity Shares of Rs.2 each under the Employee Stock Option Scheme 2008 (ESOS 2008) for the benefit of persons who are in the permanent employment of the Company including Directors of the company whether Whole-time, Independent or otherwise. This will be subject to the grant by the Compensation Committee from time to time. (2) Approval of Employee Stock Option Scheme 2008 (ESOS 2008) for the benefit of such persons who are in the permanent employment of the Subsidiary Companies, whether Indian Subsidiary or Foreign Subsidiary whether working in India or outside India. This will be subject to the grant by the Compensation Committee from time to time. (3) Providing for Stock Options which will exceed 1% of the issued capital of the Company (excluding outstanding warrant and conversions) under ESOS 2008 to each of the four Identified employees. This will be subject to the grant by the Compensation Committee from time to time. (4) Providing for repricing the terms of the unexercised Employee Stock Options issued under Employee Stock Option Scheme 2005 (ESOS 2005) and Employee Stock Option Scheme 2007 (ESOS 2007) subject to decision by the Compensation Committee from time to time. (5) Revision in the terms of remuneration payable to Mr. Nirmal Jain, Managing Director of the Company w.e.f April 1, 2008 till remaining tenure of his appointment. (6) Revision in the terms of remuneration payable to Mr. R. Venkataraman, Executive Director of the Company w.e.f April 1, 2008 till remaining tenure of his appointment.8 Dec · Corrigendum
Corrigendum to the Public Announcement dated December 05, 2008 published by the Company on December 08, 2008 in connection to the Buyback of Equity Shares by India Infoline Limited under Section 77A of the Companies Act, 1956 (the "Act"). A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.8 Dec · Public Announcement
Public announcement ("PA") dated December 04, 2008 is made pursuant to the provisions of Regulations 8(1) read with 15 (c) of the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 1998 for the time being in force including any statutory modifications and amendments from time to time ("Buyback Regulations") and contains the disclosures as specified in Schedule II to the Buy-back Regulations. The details of Buyback offer and offer price : Pursuant to approval of the Board of Directors of India Infoline Limited ("IIL"or the "Company") at their meeting held on November 29, 2008 (the "Board Meeting") for Buy-Back of its own fully paid up equity shares of Rs. 2/- (Rupees Two) each (hereinafter referred to as the "Buyback"), the Company hereby announces the Buy-Back of its fully paid-up equity shares of the face value of Rs. 2/- each ("Equity Shares") from the existing owners of Equity Shares other than the Promoters, Persons who are in control of the Company and Promoters Group (the "Promoters") at a price not exceeding Rs. 43.20 per equity share (the Maximum Offer price) payable in cash, for an aggregate amount not exceeding Rs. 98.91 Crore ("Maximum Offer Size"). The Buyback will be implemented by the Company through the methodology of "open market purchases through stock exchanges" using the electronics trading facilities of the Bombay Stock Exchange Limited ("BSE") and the National Stock Exchange of India Limited ("NSE", and together with BSE, hereinafter referred as the "Stock Exchanges") in accordance with the provisions of Sections 77A, 77AA, 77B and other applicable provisions of the Companies Act, 1956 ("the Act") read with Article 6 of the Articles of Association of the Company and the Buy-Back Regulations, subject to approvals as may be necessary, from time to time from Statutory Authorities including but not limited to the Securities and Exchange Board of India ("SEBI"), the Stock Exchanges, the Reserve Bank of India ("RBI"), etc as required and further subject to such conditions as may be prescribed while granting such approval/s which may be agreed to by the Board of Directors of the Company hereinafter referred to as "the Board" (which terms shall include the committee constituted specifically for the Buy-Back hereinafter referred to as "Buyback Committee"). Date of opening of the Buyback : December 18, 2008. Last Date of the Buyback : November 28, 2009 (i.e. 12 months from the date of Resolutions passed by the Board in their meeting held on November 29, 2008). However, the Board in its absolute discretion may decide to close the Buy-back of shares at such earlier date as may be determined by the Board in the event the maximum offer size has been reached for buy-back or Minimum offer shares have been bought back even if the maximum offer size of buy back has not been reached, by giving an appropriate notice for such earlier closing date and completing of all formalities required as per relevant laws and regulations. There would be a completion of all payment obligations in respect of Buy-back prior to last date of Buy-back. A copy of the Public Announcement shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.2 Dec · Buy back
Buy-back of Equity Shares by India Infoline Limited under Section 77A of the Companies Act, 1956 (the "Act") and the SEBI (Buy Back of Securities) Regulations, 1998 (the "buy Back Regulations") as amended to date through the open market mechanism. India Infoline Limited ("IIFL" / "the Company") has appointed Axis Bank Limited as the Manager for the above Buy-back. A copy of the Public Notice shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.1 Dec · Buy back
Extract of the Board Resolution for the Buy-Back of Equity Shares passed by the Board of Directors in their Meeting held on November 29, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.1 Dec · Buyback of Shares
Board of Directors of the Company at its Meeting held on November 29, 2008 has approved the proposal of buyback of Equity Shares under the authority of the Board of Directors pursuant to the first proviso to Section 77A (2)(b) of the companies Act, 1956 and the SEBI ( Buy Back of Securities) Regulations 1998.The Board has approved the proposal of Buyback of Equity Shares of the Company upto 10% of the Paid-up Equity Capital and Free Reserves of the Company under the open market using Stock Exchange System, subject to a maximum price of Rs. 43.20/- per share and a maximum outlay of Rs. 98.91 crore.
Nov 2008
28 Nov · Updates
India Infoline Limited had informed the Exchange regarding the outcome of the Board Meeting held on November 17, 2008. The Company has now informed the Exchange that "Kindly note Point 4 as follows: 1) Accepted undertaking that ESOP will be issued to identified people only if 55 Million Equity Warrants issued under preferential allotment to identified persons on July 4, 2007 lapse".