IIFL Securities shares fall over 19% in morning trade
The funding of debit balance clients' trades using funds of credit balance clients has been done by IIFL on a total of 795 trading days out of 809 trading days covered for examination during the inspection period from April 1, 2011 to June 30, 2014.
The order came after the Sebi conducted multiple inspections of the books of account of IIFL for the period from April 2011 to January 2017. (Image: IIFL, official FB)