India Finsec EGM Approves Subsidiary IPO, Director Reappointment

India Finsec Limited held an EGM on April 24, 2026, to seek shareholder approval for two special resolutions.
Shareholders approved an Initial Public Offering for subsidiary IFL Finance Limited (formerly IFL Housing Finance Limited).
Members also approved the re-appointment of Mr. Devi Dass Agarwal as an independent director of the company.
The meeting was conducted via video conference with 28 members present and e-voting facilities provided.