IIFL Finance Ltd. will make investments Rs 200 crore in its materials subsidiary, IIFL Samasta Finance Ltd., by subscription of fairness shares.In a gathering on Wednesday, the finance committee of the board of administrators accredited the funding by subscription of roughly 7.48-crore totally paid-up fairness shares, of face worth Rs 10 every at Rs 26.74 apiece, in line with an trade submitting.The cash shall be used to assist progress, cut back gearing …
