IIFL Securities Limited to commence business on solving healthcare and insurance needs

The Board of Directors of IIFL Securities Limited had approved formation of a subsidiary which will focus on solving healthcare and insurance needs of our customers by leveraging technologies.

The Company has decided to pursue the aforesaid business through its existing wholly owned subsidiary, Livlong Protection and Wellness Solutions Ltd., earlier known as IIFL Corporate Services Limited. The company will commence its business in FY 2021-22.

Shares of IIFL Securities Limited was last trading in BSE at Rs. 105.00 as compared to the previous close of Rs. 105.40. The total number of shares traded during the day was 84587 in over 2552 trades.

The stock hit an intraday high of Rs. 113.45 and intraday low of 104.65. The net turnover during the day was Rs. 9195837.00.

Source : Equity Bulls

Keywords

IIFLSecurities INE489L01022 IIFLSEC FinancialServices LivlongProtectionandWellnessSolutions