India Finsec Limited has made an investment of Rs. 22,88,000/- in IFL Housing Finance Limited, Subsidiary of the company, via purchase of 2,20,000 equity shares (face value Rs. 10/- each) @ Rs. 10.40/- at a premium of Rs. 0.40 each through right issue on 10th July, 2019.
The Turnover of the subsidiary was Rs. 7,31,52,361/- as on 31.03.2019.