IIFL Capital Services Limited — Important, 28-07-2025: General Updates

IIFL Capital Services has approved the transfer of its Portfolio Management Services (PMS) business to its wholly-owned subsidiary, IIFL Capital Asset Management Limited. This strategic move aims to streamline operations and leverage growth opportunities. The PMS business, currently in incubation, contributed Rs. 0.27 Cr to the company's Rs. 2,567.43 Cr consolidated turnover (0.01%) and will not materially impact financials or net worth of Rs. 2,511 Cr. The transfer is subject to necessary regulatory approvals.