SEBI accepts surrender of Investment Adviser registration, effective October 28, 2026
SEBI has accepted the surrender of the company's Investment Adviser Registration No. INA000000623, effective October 28, 2026.
By ScoutQuest · · 1 min read
- Investment Adviser Registration No.
- INA000000623
- Surrender Effective Date
- October 28, 2026
- Stated Impact
- No material monetary impact; no penalty imposed
What happened
The company informed the stock exchanges that SEBI has accepted its application to surrender its Investment Adviser Registration bearing Registration No. INA000000623. The surrender has become effective from October 28, 2026.
- The registration was held by IIFL Capital Services Limited (formerly IIFL Securities Limited).
- The intimation was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with a SEBI Master Circular dated January 30, 2026.
Why the company surrendered it
IIFL Capital Asset Management Limited, a wholly owned subsidiary of the company, has obtained an Investment Adviser registration from SEBI. With that registration in place at the subsidiary level, the company applied to surrender its own Investment Adviser registration.
Impact on the company
- The company states the surrender of the registration has no material monetary impact on it.
- No penalty has been imposed.
- In the disclosure table, the impact/relevance of this licence to the listed entity is marked Not applicable.
- The period for which the licence was valid is also marked Not applicable.
How to read this
This is an update about where the investment advisory registration sits within the group — now with a wholly owned subsidiary — rather than a change in the listed entity's own operations being described in the update. The company itself has quantified the financial effect as not material.
What a retail investor may watch for
- Any separate communication on how the advisory activity is carried out by the subsidiary.
- The company's regular quarterly disclosures for the overall business picture.
This update is a disclosure of a regulatory step and the company's stated assessment of its impact; it is not a statement about earnings or business performance.
Also from IIFL Capital Services
IIFL Capital Services Ltd press release, Q2 FY27
28 Oct 2026
IIFL Capital Q2 FY27 revenue from operations up 22% to ₹7,219 Mn, PAT up 49% YoY
28 Oct 2026
Board approves September-quarter results, NBFC subsidiary and MD succession; auditor review unmodified
28 Oct 2026
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