India Finsec Limited Reports Significant Revenue Decline and Swings to Loss in Q1 Aug 09, 2025
More news about India Finsec
24Jul 25
India Finsec Limited Transitions to Unregistered Core Investment Company Following RBI Approval
India Finsec Limited has successfully transitioned to an unregistered Core Investment Company (CIC) after receiving approval from the Reserve Bank of India (RBI) to cancel its Certificate of Registration as a Non-Banking Financial Company – Investment and Credit Company. This strategic shift, approved on July 17, follows the company's application for cancellation on April 24. The move also facilitated the conversion of its subsidiary, IFL Finance Limited, from a Housing Finance Company to an NBFC-ICC on June 26. India Finsec disclosed these developments to the BSE on July 24, in compliance with SEBI regulations.
24Jul 25
India Finsec Limited Transitions to Unregistered Core Investment Company Following RBI Approval
India Finsec Limited has successfully transitioned to an unregistered Core Investment Company (CIC) after receiving approval from the Reserve Bank of India (RBI) to cancel its Certificate of Registration as a Non-Banking Financial Company – Investment and Credit Company (NBFC-ICC). This strategic shift aligns with the company's plan to operate as a CIC and facilitates the conversion of its subsidiary, IFL Finance Limited, from a Housing Finance Company to an NBFC-ICC. The company has complied with regulatory disclosure requirements by informing the BSE Limited of these developments.