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International Conveyors Limited has acquired 333,289 equity shares in IIFL Finance Ltd for a total consideration of ₹11.1 crore, positioning itself in the robust non-banking financial services sector. IIFL Finance, with a turnover of ₹10,249.43 crore for FY 2023-24, operates alongside its subsidiaries to offer a variety of loans and mortgages. This strategic investment aims to enhance International Conveyors’ portfolio and future growth opportunities in the financial services market in India. The acquisition is expected to bolster the company’s financial standing and diversify its operations moving forward.