International Conveyors acquires stake in IIFL Finance
International Conveyors (ICL) has acquired 108800 equity shares of IIFL Finance for investment purpose. Cost of acquisition is Rs 5.35 crore. IIFL Finance is one of the leading players in the financial services space in India.
Earlier, the company had acquired 85390 equity shares of IIFL Finance for investment purpose. Cost of acquisition is Rs 4.28 crore.
International Conveyors (ICL) is an India-based company. The company is engaged in manufacturing and marketing solid woven carcass reinforced fire retardant antistatic (FRAS) PVC Conveyor Belting in segment explosive fire hazardous underground mine application.
