IIFL Capital Services incorporated wholly owned subsidiary IIFL Capital (IFSC) Limited in GIFT City on May 11, 2026.
The subsidiary was established with authorized capital of ₹10 crore to operate as a broker-dealer in IFSC.
Incorporation followed SEBI No Objection Certificate and was funded through cash consideration at face value.
This represents IIFL Capital's strategic expansion into international financial services through the IFSC framework.