IIFL Capital Services Ltd Share Price – NSE  / BSE

Stock/ Commodity Brokers, Small Cap

IIFL Capital Servies announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 1 June 2026.

The company said Fairfax India Holdings Corporation will increase its stake in IIFL Capital through a combination of preferential allotment, open offer and arrangements with existing promoters.

The preferential allotment will be priced at Rs 350 per share. Following completion of the transaction, Fairfax India and its affiliate, HWIC Asia Fund Class A, will hold a minimum 51% stake in the company and join the promoter group alongside Nirmal Jain and R. Venkataraman.

Fairfax India, through FIH Mauritius Investments and its affiliate, currently holds around 30.5% in IIFL Capital. Subject to shareholder and regulatory approvals, FIH Mauritius will also gain the right to nominate two directors to the company?s board.

The proposed transaction will trigger an open offer under applicable SEBI regulations. It remains subject to regulatory and shareholder approvals.

The company said the fresh capital infusion will strengthen its balance sheet and support expansion across capital markets, wealth management, asset management, institutional equities and investment banking businesses.

Fairfax founder Prem Watsa said the investment reflects confidence in IIFL Capital?s growth prospects and its leadership position in financial services.

IIFL Capital, formerly known as IIFL Securities, provides broking, wealth management, institutional broking, research and investment banking services.

IIFL Capital Services reported 10% fall in net profit to Rs 115.1 crore despite a 20% rise in total revenue from operations to Rs 644.3 crore in Q4 FY26 over Q4 FY25. As at 31 March 2026, total assets under management stood at Rs 2,29,582 (distribution assets Rs 52,115 crore and custody assets Rs 1,77,467 crores).

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Total expenses for the period under review added up to Rs 500.2 crore, up 22% YoY.

Profit before tax in Q4 FY26 stood at Rs 154.6 crore, down by 5% from Rs 163.3 crore recorded in Q4 FY25.

For FY26, the company has posted PAT and total revenue of Rs 563.6 crore (up 21% YoY) and Rs 2,438.8 crore (up 1% YoY), respectively.

As at 31 March 2026, total assets under management stood at Rs 2,29,582 (distribution assets Rs 52,115 crore and custody assets Rs 1,77,467 crores)

R. Venkataraman, managing director, said: ?The investment banking and institutional equities businesses continued to demonstrate resilience and strength, and we witnessed steady momentum in scaling our wealth and asset management platforms.?

IIFL Capital Services offers broking services, wealth management, financial products distribution, institutional broking & research and investment banking services.

The scrip added 3.08% to currently trade at Rs 322.90 on the BSE.

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IIFL Capital Servies will hold a meeting of the Board of Directors of the Company on 7 May 2026.