360 ONE WAM LIMITED — Interim / Quarterly Report 2021

Aug 3, 2021

August 3, 2021

The Manager,	The Manager,
Listing Department,	Listing Department,
BSE Limited,	The National Stock Exchange of India Ltd.,
Phiroze Jeejeebhoy Tower,	Exchange Plaza, 5 Floor, Plot C/1, G Block,
Dalal Street,	Bandra - Kurla Complex, Bandra (E),
Mumbai 400 001.	Mumbai 400 051.
BSE Scrip Code: 542772	NSE Symbol: IIFLWAM

Dear Sir/Madam,

Sub: - Outcome of the Board Meeting dated August 3, 2021, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations")

The Board of Directors of the Company at their meeting held today have, inter-alia considered and approved / noted the following;

• 1. Unaudited Financial Results (Standalone and Consolidated) for the quarter and three months ended June 30, 2021;
• 1. Limited Review Report on the Unaudited Financial Results (Standalone and Consolidated) for the quarter and three months ended June 30, 2021;
• 1. Results update on the Unaudited Financial Results for the quarter and three months ended June 30, 2021;
• 1. The Board of Directors of the Company has declared an interim dividend of Rs. 35/- per equity shares of the face value of Rs. 2/- each; Further, pursuant to intimation dated July 27, 2021 the Board of Directors has fixed record date as August 11, 2021, for this purpose. The said interim dividend will be paid/ dispatched on or before September 1, 2021.
• 1. Resignation of Mr. Amit Bhandari as the Company Secretary & Compliance Officer of the Company with effect from closure of business hours on August 3, 2021, as he will be handling secretarial and Compliance of one of the Group company.
• 1. Basis the recommendation of Nomination and Remuneration Committee, the Board of Directors have approved the Appointment of Mr. Rohit Bhase as the Company Secretary of the Company w.e.f. August 4, 2021. He will be Company Secretary & Compliance office of the Company.
• 1. The revised Insider Trading Policy of the Company and its subsidiaries.

The details as required under Regulation 30 of the Listing Regulations read with SEBI Circular No. CIR/ CFO /CMD/4/2015 dated September 09, 2015 are given in 'Annexure I'.

We enclose the following:

1. Results updates issued by the Company, containing update on Unaudited Financial Results for the quarter and three months ended June 30, 2021;

IIFL WEALTH MANAGEMENT LIMITED

Corporate & Registered Office: IIFL Centre, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai – 400 013 TEL: (91-22) 4876 5600 | FAX: (91-22) 4875 5606

• 1. Investor Presentation for the quarter and three months ended June 30, 2021;
• 1. Limited Review Report on the Unaudited Financial Results (Consolidated & Standalone) for the quarter and three months ended June 30, 2021;
• 1. Unaudited Financial Results (Consolidated & Standalone) for the quarter and three months ended June 30, 2021;

The meeting of Board of Directors held today was commenced at 3.30 P.M. and concluded 5.50 P.M.

Please note the results have been uploaded on the Stock Exchange websites at https://www.nseindia.com and https://www.bseindia.com and on the website of the Company at http://www.iiflwealth.com

Kindly take the same on record and acknowledge.

Thanking You,

Yours faithfully,

For IIFL Wealth Management Limited

Mihir Nanavati Chief Financial Officer Email Id: secretarial@iiflw.com

Encl: a\a

IIFL WEALTH MANAGEMENT LIMITED

Corporate & Registered Office: IIFL Centre, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai – 400 013 TEL: (91-22) 4876 5600 | FAX: (91-22) 4875 5606

Annexure- I

Resignation of Company Secretary of the Company:

Sr. No.	Details of events that needs to be provided	Information of such event(s)
1.	Reason for change viz. appointment, Resignation,removal, death or otherwise;	Resignation
2.	Date of Appointment/Cessation	Close of working hours on August 3,2021
3.	Brief profile (in case of appointment)	Not Applicable.
4.	Disclosure of relationships between directors (in caseof appointment of a director)	Not Applicable

Appointment of Company Secretary of the Company:

Sr. No.	Details of events that needs to be provided	Information of such event(s)
1.	Reason for change viz. appointment, Resignation,	Appointment
	removal, death or otherwise;
2.	Date of Appointment/Cessation	Appointed w.e.f. August 4, 2021
3.	Brief profile (in case of appointment)	Mr. Rohit Bhase,is a qualifiedmember of the Institute of CompanySecretaries of India and Graduate inCommerce with around 14 years ofexperienceinlegal,secretarial,compliance,fund-raisingandtransactionrelatedmattersincluding IPO of 2nd REIT in Indiaand debt issue. Prior to joining IIFLWealth Group, he has worked with KRaheja Corp Investment ManagersLLP (KRC), ASK Property InvestmentAdvisors Pvt. Ltd and HDB Financial
		Services Limited (HDB).
4.	Disclosure of relationships between directors (in case	Not Applicable
	of appointment of a director)

IIFL WEALTH MANAGEMENT LIMITED

Corporate & Registered Office: IIFL Centre, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai – 400 013 TEL: (91-22) 4876 5600 | FAX: (91-22) 4875 5606

Results Update – Q1 FY 22

IIFL Wealth Management Ltd reported a Consolidated Profit After Tax of Rs 119 Crs for the quarter, up 16% QoQ, and 42% YoY. Total Revenues stood at Rs 304 Crs for the quarter, up 6% QoQ, up 27% YoY, Revenue from operations stood at Rs 283 Crs up 7% QoQ and 43% YoY, Annual Recurring Revenues stood at Rs 192 Crs up 20% QoQ and 51% YoY, Profit Before Tax (PBT) stood at Rs 151 Crs for the quarter, up 12% QoQ and 38% YoY.

Quarterly Update
Rs in Crs.	Q1 FY 22	Q4 FY 21	Q-o-Q %	Q1 FY 21	Q1 Y-o-Y%
Revenue from Operations	283	266	7%	199	43%
Annual Recurring Revenue	192	161	20%	128	51%
Transactional / Brokerage Income	91	105	-13%	71	28%
Other Income	21	22	-4%	40	-49%
Total Revenues	304	287	6%	239	27%
Total Expenses	153	152	1%	130	18%
Operating Profit Before Tax (OPBT)	130	113	15%	69	89%
Profit before Tax (PBT)	151	135	12%	109	38%
Profit After Tax including OCI (PAT)	119	103	16%	83	42%

Mr. Karan Bhagat, MD & CEO, IIFL Wealth & Asset Management:

• We have had a tremendous start to FY22 with the highest quarterly profit in the company's history and Total Assets Under Management have grown 15% QoQ to Rs 282 Bn. We are also pleased to announce a special dividend of Rs 35 per share, in line with our focus on improving capital efficiency and moving towards a consolidated ROE of 20%
• The company has achieved critical milestones across all key focus areas ARR AUM (at 50% of total AUM), ARR Net flows (at Rs 36,000 Crs over last 5 quarters), and recurring revenues (at 67%

of Q1 revenues) – overall, we are well on track in our ambitious business model change journey, initiated in 2019, for end of FY 2022

• Profit after tax for the quarter is at Rs 119 Crs, Cost to Income Ratio at 50.4%, Net flows at over 14,000 Crs and Tangible ROE at 20% are well in line with our guidance, a testimony to our focus on delivering value for all our stakeholders
• Regulatory changes with regard to Advisory and accredited investors are path-breaking and we are excited by the opportunities it offers for us as well as for the overall industry. With our continued sharpening of IIFL-ONE – Advisory and Portfolio Management Propositions – we clearly remain market leaders in this space
• Our alternate asset management space continues to see a great response to new products from both institutions, family offices and HNIs across strategies, including Listed Equity; Unlisted Equity; Credit as well as Real Estate
• Client sentiment continues to be positive with a bias towards risk. We continue to maintain a judicious allocation between fixed income and equities across portfolios – and broadly have an asset allocation split of 50% each in the above asset classes
• We continue to invest heavily towards high-quality teams as well as on technology, with digital becoming integral to all aspects of our business

For further information, please contact: Mr. Mohit Hemrajani Investor Relations | IIFL Wealth and Asset Management Email : ir@iiflw.com Phone: +91 73045 53450

Click here to register for conference call Click here for investor presentation

IIFLW Q1 FY 22 Analyst Conference call is scheduled for Thursday, 5th August 2021, 2:00 PM IST

Strictly Private and Confidential - Internal Circulation Only IIFL WEALTH & ASSET MANAGEMENT

Q1 FY22

Performance Update

EXCELLENT

Highest quarterly profit in the company's history

Robust, all-round growth in net new flows

Continued progress on capital efficiency

QUARTER STRONG MOMENTUM, UNIQUE POSITION

Unique, integrated and complementary business platform

Continued strengthening of recurring revenue model and AUM base

Sustained focus on innovative products and solutions

SUSTAINED FOCUS ON ALL STAKEHOLDERS

'New age' re-imagining of entire client journey and associated services

Continued focus on enhancing shareholder value– revenue, cost, capital

People & Culture – strengthen position as 'employer of choice'

CONTINUED LEADERSHIP IN WEALTH AND ALTERNATE ASSET MANAGEMENT model – strong client adoption

WEALTH

High quality, resilient business

Continuous sharpening of value

coverage, strategic hiring, deep interface segment wise, increased client wallet share

enhanced end-to-end client experience, operational efficiency & productivity increase

ALTERNATE ASSET

Differentiated offerings driving growth, performance and scale

High agility & innovation on new funds / offerings – tremendous success reflected in client response

Continued momentum with UHNI / HNI clients; Increased traction on institutional mandates

Strengthening of investment teams across key strategies – Unlisted Equities; Real Estate; Structured Credit and Listed Equities as well as Multi Asset Class strategies

Strategic evaluation of proposition and offerings through innovative 'digital-first' approach MUTUAL FUNDS

SUSTAINED PROGRESS ON BUSINESS MODEL CHANGE – KEY MILESTONES CROSSED

• In 2019 we initiated the change in our business model, moving towards recurring revenues across all our business lines
• The plan was to move towards 70-75% of revenues from ARR
• over 3 years its safe to say we are well headed towards the same account for 50% of our total AUM and recurring revenues share is 67% for Q1 FY22 (of revenue from operations)
• ARR Net Flows over last 5 quarters have been strong at ~36k Crs

•The plan was to move towards 70-75% of revenues from ARR63%account for 50% of our total AUM and recurring revenues share is67% for Q1 FY22 (of revenue from operations)37%•ARR Net Flows over last 5 quarters have been strong at ~36k CrsIIFL ONE AND ADVISORYSHIFT TO TRAIL –DISTRIBUTIONDIVERSIFICATION OF AMCSTRATEGIES•30k crsAUM –adding 22k crs•Industry leader on transition to•Over 2x growth in AUM to 44k crssince start of transition in FY20,trail earning model on distribution(5 quarters); Net flows of 13k crsprimarily in DPMS / NDPMS•AUM doubled over 5 quarters to•Listed & Unlisted Equities at scale•IIFL One & Advisory proposition40k crs; Cumulative net flows of 14k(>17k Crs each); RE and Creditfurther sharpened and rolled outcrs in trail earning distr. assetsemerging(~2.5k-3.5k Crs each)•Gradual increase in retentions to•Strong retentions at over 50bps,•Inst. mandates AUM at ~10k crs33bps –DPMS towards 50bpsdriven by managed accounts•Focus on high retentions(~70 bps)	•In 2019 we initiated the change in our business model, movingtowards recurring revenues across all our business lines

Q1 FY 22 –	KEY FINANCIAL HIGHLIGHTS
AUM	•TotalAUMisup33.1%YoYforQ1FY22andup13.6%QoQto•ContinuedfocusonARRassets–Increaseof15.2%QoQtoRs	2,35,2133RsCrs1,17,463Crs
	1•NetflowsremainedstrongatRs14,294CrsforQ1FY22,up	146.1%QoQ
	•TotalRevenuesareup27.1%YoYandup5.9%QoQtoRs304	Crs
Revenues	•RevenuefromOperationsincreased6.7%QoQtoRs283Crs;
	•ARRRevenuesincreased19.5%QoQto192Crs
	•TotalCostremainedflatatRs153Crs
Cost	•TotalEmployeeCostswasup3.7%QoQatRs116Crs
	•AdministrativeCostdecreased8.4%QoQtoRs37Crs
	•CosttoincomeRatiodecreasedto50.4%from53.0%inthe	previousquarter
	•OperatingProfits(OPBT)increased15.1%QoQtoRs130Crs
Profitability	•PATincreased15.6%QoQtoRs119Crs
	RoE2•TangibleforQ1FY22isat20.0%,upfromthe17.3%inQ4	FY21
	1. Includes ~Rs. 5,200 Crs of Net flows from Corporate Treasuries
2. RoE Ex Goodwill & Intangibles

1. Debt 48%, Equity 52%

CONSOLIDATED BUSINESS SUMMARY

CONSOLIDATED BUSINESS SUMMARY
INR Cr	Q1 FY 22	Q4 FY 21	QoQ	Q1 FY 21	YoY	FY 21
Closing AUM
Annual Recurring Revenue Assets	1,17,463	1,01,969	15.2%	73,155	60.6%	1,01,969
Transactional / Brokerage Revenue Assets	1,17,750	1,05,074	12.1%	1,03,568	13.7%	1,05,074
Total AUM	2,35,213	2,07,044	13.6%	1,76,723	33.1%	2,07,044
Revenues & Retention
Annual Recurring Revenues	192	161	19.5%	128	50.5%	583
Transactional / Brokerage Revenue	91	105	-12.9%	71	28.3%	333
Total Revenue from Operations	283	266	6.7%	199	42.6%	915
Other Income	21	22	-4.4%	40		137
Total Revenue	304	287	5.9%	239	27.1%	1053
Average Annual Recurring Assets	1,07,771	95,745	12.6%	65,057	65.7%	79,792
Total Average Assets	2,19,183	2,01,510	8.8%	1,63,992	33.7%	1,84,650
Retention on ARR Assets	0.71%	0.67%		0.79%		0.73%
Total Retention	0.55%	0.57%		0.58%		0.57%
Costs	153	152	0.5%	130	17.8%	568
Employee Costs	116	112	3.7%	97	19.6%	417
Fixed Employee Costs	72	67	7.6%	65	10.7%	261
Variable Employee Costs	37	39	-5.5%	18	101.9%	111
Employee ESOP Costs	8	6	19.3%	14	-46.4%	45
Admin and Other Expenses	37	40	-8.4%	33	12.6%	150
Profit Metrics
Operating Profit before Taxes (OPBT)	130	113	15.1%	69	89.3%	348
Profit before Taxes (PBT)	151	135	12.0%	109	38.0%	485
Profit After Tax (PAT) including OCI and FCTR	119*	103	15.6%	83		369
Effective Tax Rates	23%	24%		24%
Cost to Income RatioROE	50.4%	53.0%		54.3%11.0%		53.9%
	16.4%	14.2%		12.6%		12.5%15.0%
Tangible RoE	20.0%	17.3%

7 * Includes Rs 1.5 Cr of OCI and FCTR impact

KEY METRICS SUMMARY

Cost Mix (Rs. Cr.)

SEGMENTAL BUSINESS SNAPSHOT

SEGMENTAL BUSINESS SNAPSHOT
		AUM		NET FLOWS			REVENUE FROM			RETENTION
Particulars	Q1 FY 22	Q4 FY 21	Q1 FY 22	Q4 FY 21	Q1 FY 21	Q1 FY 22	OPERATIONSQ4 FY 21	Q1 FY 21	Q1 FY 22	Q4 FY 21	Q1 FY 21
	1,90,909	1,69,672	9,681	1,060	9,569	214	207	162	0.48%	0.49%	0.46%
Wealth Management
Asset Management	44,304	37,372	4,613	4,748	337	70	59	37	0.68%	0.69%	0.62%
Totals	2,35,213	2,07,044	14,294	5,809	9,906	283	266	199	0.52%	0.53%	0.49%
Custody : PromoterHolding	47,357	39,039				-	-	-
Grand Total	2,82,570	2,46,083				283	266	915
WEALTH MANAGEMENT		Q1 FY 22	Q4 FY21	Q1 FY 21			ASSET MANAGEMENT		Q1 FY 22	Q4 FY21	Q1 FY21
Revenue from Operations		214	207	162
ARR Revenue		124	102	91			Revenue from Operations		70	59	37
TBR Revenue		90	105	71		Other Income			3	3	6
Other Income		17	18	34

Custody : Promoter
Revenue from Operations		214	207	162
ARR Revenue		124	102	91		Revenue from Operations		70	59	37
TBR Revenue		90	105	71		Other Income		3	3	6
Other Income		17	18	34	Cost			36	36	26
Cost		117	117	104
Profit before tax		114	108	93		Profit before tax		36	26	17

WEALTH MANAGEMENT		AUM		NET FLOWS				REVENUE FROM OPERATIONS		RETENTION
	Q1 FY 22	Q4 FY 21	Q1 FY 22	Q4 FY 21	Q1 FY 21	Q1 FY 22	Q4 FY 21	Q1 FY 21	Q1 FY 22	Q4 FY 21	Q1 FY 21
TOTAL	1,90,909	1,69,672	9,681	1,060	9,569	214	207	162	0.48%	0.49%	0.46%
IIFL One	30,510	27,940	1,439	2,190	1,250	21	17	10	0.33%	0.28%	0.26%
Discretionary PMS	10,689	8,753				12	9	4	0.50%	0.39%	0.49%
Non Discretionary PMSAdvisory	13,9155,906	13,3915,795				81	80	51	0.33%0.06%	0.34%0.00%	0.31%0.05%
Distribution Assets Earning TrailFees	39,317	33,038	3,634	3,548	5,735	55	43	28	0.58%	0.49%	0.49%
Mutual Funds	28,730	26,435				28	26	19	0.38%	0.37%	0.41%
Managed Accounts	10,587	6,603				27	16	9	1.28%	1.06%	0.79%
Net Interest Margin on Loans1	3,332	3,620	-	-	-	48	43	53	5.32%	4.71%	6.92%
Brokerage Income	97,270	82,422	7,483	-573	4,314	90	105	71	0.19%	0.30%	0.20%
Direct Stocks	42,672	32,956				10	14	15	0.11%	0.18%	0.25%
Debt Instruments & Bonds	28,009	27,304				32	30	10	0.47%	0.45%	0.15%
Mutual Funds Direct	26,590	22,162				-	-	-	-	-	-
IB/ Syndication Income	-	-				48	60	46	-	-	-
Distribution Assets Not EarningTrail Fees	20,480	22,653	-2,875	-4,105	-1,731	-	-	-	-	-	-
Mutual Fund where upfront fees	2,207	2,503				-	-	-	-	-	-
received earlier	Managed Accounts where upfront	20,149				-	-	-	-	-	-

				ASSET MANAGEMENT
ASSET MANAGEMENT		AUM	NET FLOWS				REVENUE FROM OPERATIONS			RETENTION
	Q1 FY 22	Q4 FY 21	Q1 FY 22	Q4 FY 21	Q1 FY 21	Q1 FY 22	Q4 FY 21	Q1 FY 21	Q1 FY 22	Q4 FY 21	Q1 FY 21
TOTAL	44,304	37,372	4,613	4,748	337	70	59	198	0.68%	0.69%	0.62%
Portfolio Manager	14,456	11,196	2,005	3,976	40	15	15	39	0.50%	0.63%	0.51%
Discretionary StandardizedStrategies	4,728	4,013				9	10	25	0.85%	0.95%	0.52%
Discretionary -InstitutionalMandates	9,728	7,183				6	5	14	0.31%	0.38%	0.50%
Alternate Investment Manager	27,090	23,700	2,508	600	121	50	40	149	0.77%	0.72%	0.68%
Listed Equity	3,677	3,455				8	10	27	0.92%	1.08%	0.51%
Private Equity	17,050	13,616				33	23	88	0.83%	0.75%	0.77%
Credit & Real Estate Strategies	4,817	5,076				6	5	27	0.54%	0.43%	0.60%
Long Short Strategies	1,546	1,553				2	2	7	0.58%	0.61%	0.60%
Mutual Fund Manager	2,758	2476	100	173	176	3	4	10	0.44%	0.66%	0.39%
Listed Equity	1,955	1623				3	3	7	0.58%	0.85%	0.57%
Debt	693	731				0	1	2	0.16%	0.37%	0.50%
Liquid Funds	110	122				0	0	0	0.11%	0.07%	0.10%
Performance Fee						1

APPROXIMATE CAPITAL ALLOCATION AND DIVIDEND

13 *Notes - Tangible Net Worth post payment of Dividend and release of excess capital

MARQUEE INSTITUTIONAL SHAREHOLDING AND EXPERIENCED BOARD

• 14

Data reported across previous quarters is now continued to be reported in a Data Book, maintained in an excel format on our website . The Link for the data book is hosted below. 1. Re-classified Result Table 2. Consolidated Data 3. Segmental – Wealth Management 4. Segmental – Asset Management 5. Balance Sheet 6. PPT Data Tables

Contents of the Data Book:

Link for the Data Book: https://www.iiflwealth.com/Investor-Relations

DISCLAIMER

This document is for the personal information of the authorised recipient(s) and does not construe to be an offer or solicitation of an offer to buy/sell any securities. It does not construe to be any investment, legal or taxation advice or recommendation in relation to holding, purchasing or selling securities or other financial products or instruments in any jurisdiction. The documents is not for public distribution and should not be reproduced or redistributed to any other person or in any form without IIFL Wealth Management Limited (IIFLW) prior permission. It is not directed to, or for any use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to local law, regulation or which would subject IIFLW to any registration or licensing requirement within such jurisdiction. The securities described herein may or may not be eligible for sale in all jurisdictions or to certain category of investors. Persons in whose possession this document may come are required to inform themselves of and to observe such restrictions.

Any action taken by you on the basis of the information contained herein is your responsibility alone and IIFLW and its subsidiaries and affiliates or their respective employees or directors will not be responsible or liable in any manner for the consequences of such action taken by you. IIFLW or any of its subsidiaries or associates or their respective directors or employees shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error or omission in the information contained in this document. The recipients of this document should rely on their own investigations or advisors. IIFLW and/or its subsidiaries and/or its affiliates and their respective directors or employees may have interests or positions, financial or otherwise, in the securities mentioned in this document. The information contained herein has been prepared to assist interested parties in making their own evaluation of IIFLW and while reasonable

endeavours have been made to present reliable data so far as it relates to current and historical information does not purport to be complete or to contain all information that a prospective investor may desire or that may be required in order to properly evaluate the business, prospects or value of IIFLW. In all cases, interested parties should conduct their own investigation and analysis of IIFLW and the data set forth in this document. The information and opinions contained in this document are provided as at the date of this document and are subject to change without notice. We do not undertake responsibility to update any information contained herein. Securities investments are subject to market risks. As with any securities investment, the value of a security can go up or down depending on the factors and forces affecting the capital markets. In considering the prior performance information contained in this document, prospective investors are reminded that past performance is not necessarily indicative of future results, and there can be no assurance that IIFLW and its subsidiaries will achieve comparable results. Therefore, prospective investors should not place undue reliance on such prior performance information. By receiving a copy of this document, you agree to be bound by the provisions contained herein. Any industry data and statistics have been obtained or derived from IIFL Wealth Management Limited and published industry sources or publicly available information. Any forward looking statement or information given is based on management's current estimates and internal goals and is subject to change. The actual performance can be materially different. Therefore, the accuracy or completeness of these expectations cannot be guaranteed.

Deloitte Haskins & Sells LLP

Chartered Accountants One International Center Tower 3, 27th -32nd Floor Senapati Bapat Marg Elphinstone Road (West) Mumbai – 400 013 Maharashtra, India

Tele: + 91 22 6185 4000 Fax: +91 22 6185 4001

INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM CONSOLIDATED FINANCIAL RESULTS

TO THE BOARD OF DIRECTORS OF IIFL WEALTH MANAGEMENT LIMITED

• 1. We have reviewed the accompanying Statement of Consolidated Unaudited Financial Results of IIFL WEALTH MANAGEMENT LIMITED ("the Parent") and its subsidiaries (the Parent and its subsidiaries together referred to as "the Group") for the quarter ended June 30, 2021 ("the Statement"), being submitted by the Parent pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
• 1. This Statement, which is the responsibility of the Parent's Management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review.
• 1. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, primarily of Parent's personnel responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under Section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable.

Regd. Office. One International Center, Tower 3, 27th -32nd Floor, Senapati Bapat Marg, Elphinstone Road (West), Mumbai – 400 013, Maharashtra, India. (LLP Identification No. AAB-8737). Deloitte Haskins & Sells LLP is a limited Liability Partnership registered under the Limited Liability Partnership Act, 2008 having LLP Identification No. AAB-8737

Sr	Name of the Entities	Relationship
no
1	IIFL Wealth Management Limited	Parent
2	IIFL Wealth Prime Limited (Formerly	Subsidiary
	IIFL Wealth Finance Limited)
3	IIFL Asset Management Limited	Subsidiary
4	IIFL Wealth Portfolio Managers Limited	Subsidiary
	(Formerly known as IIFL Alternate
	Asset Advisors Limited)
5	IIFLWealthDistributionServices	Subsidiary
	Limited
	(Formerly known as IIFL Distribution
	Services Limited)
6	IIFL Investment Advisers & Trustee	Subsidiary
	Services Limited
7	IIFL Trustee Limited	Subsidiary
8	IIFL Wealth Securities IFSC Limited	Subsidiary
9	IIFL Wealth Altiore Limited	Subsidiary
10	IIFL Wealth Employee Welfare Benefit	Subsidiary
	Trust
11	IIFL Wealth Capital Markets Limited	Step Down Subsidiary
	(FormerlyknownasL&TCapital
	Markets Limited)
12	IIFLAssetManagement(Mauritius)	Subsidiary
	Limited
13	IIFL (Asia) Pte. Limited	Subsidiary
14	IIFL Capital Pte. Limited	Subsidiary
15	IIFL Securities Pte. Limited	Step Down Subsidiary
16	IIFL Inc.	Subsidiary
17	IIFLPrivateWealthManagement	Subsidiary
	(Dubai) Limited
18	IIFL Capital (Canada) Limited	Subsidiary

1. The Statement includes the results of the following entities:

2. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.

Deloitte Haskins & Sells LLP

1. We did not review the interim financial information / financial results of a step-down subsidiary included in the consolidated unaudited financial results, whose interim financial information / financial results reflect total revenues of Rs. 718.94 lakhs for the quarter ended June 30, 2021, total net profit after tax of Rs. 0.08 lakhs for the quarter ended June 30, 2021 and total comprehensive income of Rs. 4.37 lakhs for the quarter ended June 30, 2021, as considered in the Statement. This interim financial information / financial results have been reviewed by other auditor whose report have been furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of this subsidiary, is based solely on the report of the other auditor and the procedures performed by us as stated in paragraph 3 above.

Our conclusion on the Statement is not modified in respect of this matter.

For DELOITTE HASKINS & SELLS LLP

Chartered Accountants (Firm's Registration No. 117366W/W-100018)

Pallavi A. Gorakshakar Partner (Membership No.105035) (UDIN: 21105035AAAAKS2670)

Place: Mumbai Date: 03 August 2021

IIFL Wealth Management Limited
CIN : L74140MH2008PLC177884
Regd. Office :- IIFL Centre, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai-400013, Maharashtra, India
Statement of Consolidated Unaudited Financial Results for the Quarter ended June 30, 2021

				(Rs. In Lakhs)
		Year ended
Particulars	June 30, 2021	March 31, 2021	June 30, 2020	March 31, 2021
	Unaudited	(Refer Note 8)	Unaudited	Audited
1. Income
Revenue from operations
(i) Interest Income
- Loans	8,845.33	9,612.09	8,559.27	35,961.83
- Others	2,282.44	3,691.18	8,170.81	27,530.90
(ii) Dividend & Distribution income on investments	175.78	574.12	29.34	775.97
(iii) Fees and commission Income	25,358.05	23,537.75	13,733.73	73,767.84
(iv) Net gain on fair value changes	1,593.00	4,584.96	4,453.15	18,257.66
(v) Sale of products	-	-	-	4,868.51
(I) Total Revenue from operations	38,254.60	42,000.10	34,946.30	161,162.71
(II) Other Income	4,381.00	1,587.43	1,157.47	4,739.31
(III) Total Income (I+II)	42,635.60	43,587.53	36,103.77	165,902.02
2. Expenses(i) Finance Costs	9,230.48	9,420.42	10,631.99	41,354.68
(ii) Fees and commission expense	2,761.06	2,844.76	1,840.70	9,731.75
(iii) Net loss on fair value changes	-	-	-	-
(iv) Net loss on derecognition of financial instruments under
amortised cost category	160.06	-	-	197.77
(v) Impairment on financial instruments	(124.14)	1,043.19	(320.40)	1,848.36
(vi) Purchases of Stock-in-trade	-	-	745.72	5,382.26
(vii) Changes in Inventories of finished goods, stock-in-trade andwork-in- progress	-	-	(726.92)	-
(viii) Employee Benefits Expenses	11,464.39	10,965.30	9,550.41	40,896.07
(ix) Depreciation, amortization and impairment	1,032.53	1,079.17	1,041.19	4,297.05
(x) Other expenses	3,017.04	4,752.97	2,407.56	13,701.67
(IV ) Total Expenses	27,541.42	30,105.81	25,170.25	117,409.61
(V) Profit before tax (III - IV)	15,094.18	13,481.72	10,933.52	48,492.41
(VI) Tax Expense:
(1) Current Tax	3,638.49	3,780.10	1,794.81	12,396.09
(2) Deferred Tax	(229.80)	(628.74)	911.57	(822.88)
Total Tax Expense	3,408.69	3,151.36	2,706.38	11,573.21
(VII) Profit for the period/year (V-VI)	11,685.49	10,330.36	8,227.14	36,919.20
(VIII) Other Comprehensive Income
(A) (i) Items that will not be reclassified to profit or loss
- Remeasurements of defined benefits liabilities/(assets)	(15.91)	62.11	36.89	102.01
(ii) Income tax relating to items that will not be reclassified to
profit or loss	4.00	(15.48)	(9.26)	(25.50)
Subtotal (A)	(11.91)	46.63	27.63	76.51
(B) (i) Items that will be reclassified to profit or loss
- Foreign currency translation reserve	179.57	(121.75)	90.49	(64.73)
(ii) Income tax relating to items that will be reclassified to profit orloss	-	-	-	-
Subtotal (B)	179.57	(121.75)	90.49	(64.73)
Other Comprehensive Income/(loss) (A + B)	167.66	(75.12)	118.12	11.78
(IX) Total Comprehensive Income for the period/year (VII+VIII)(Comprising Profit and other Comprehensive Income/(loss) for theperiod/year)	11,853.15	10,255.24	8,345.26	36,930.98
(X) Paid up Equity Share Capital (Face value of Rs. 2 each) (Refer Note6)	1,758.90	1,757.66	1,743.38	1,757.66
(XI) Reserves (excluding Revaluation reserve)				281,018.96
(XII) Earnings per equity share
Basic(In Rs.) *Diluted (In Rs.) *	13.2913.12	11.7711.64	9.449.34	42.2441.76

* Quarter ended numbers are not annualised.

Date : Aug 03, 2021 Karan Bhagat

For and on behalf of the Board of Directors

Place : Mumbai Managing Director (DIN: 03247753)

IIFL Wealth Management Limited CIN : L74140MH2008PLC177884

Regd. Office :- IIFL Centre, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai-400013, Maharashtra, India

1. The Company and its subsidiaries are engaged in finance and financial services activities. On a consolidated basis, the Company has identified two reportable segments namely (i) Wealth Management and (ii) Asset Management. The disclosures in terms of Indian Accounting Standard 108 (Ind AS) on "Operating Segment" as specified under section 133 of Companies Act, 2013 for the Group is as under:

(Rs. In Lakhs)
		Quarter ended	Year ended
Particulars (Rs in Lakhs)	June 30, 2021Unaudited	March 31, 2021(Refer Note 8)	June 30, 2020Unaudited	March 31, 2021Audited
Segment Revenue
1. Wealth Management	33,082.91	34,648.00	31,194.56	137,811.07
2. Asset Management	9,551.94	8,740.27	4,909.21	27,888.17
Total Segment Revenue	42,634.85	43,388.27	36,103.77	165,699.24
Unallocated	0.75	199.26		202.78
Total Segment Revenue	42,635.60	43,587.53	36,103.77	165,902.02
Segment Result (Profit before Tax)
1. Wealth Management	10,259.61	10,606.91	9,476.80	39,468.10
2. Asset Management	4,833.82	2,675.55	1,456.72	8,821.53
Total Segment Results	15,093.43	13,282.46	10,933.52	48,289.63
Unallocated	0.75	199.26		202.78
Total Segment Results	15,094.18	13,481.72	10,933.52	48,492.41
Segment Assets
1. Wealth Management2. Asset Management	829,285.1632,747.89	838,594.8427,829.24	1,185,155.0723,350.29	838,594.8427,829.24
Total	862,033.05	866,424.08	1,208,505.36	866,424.08
Unallocated	8,994.31	7,583.09	8,390.85	7,583.09
Total Segment Assets	871,027.36	874,007.17	1,216,896.21	874,007.17
Segment Liabilities
1. Wealth Management	559,182.72	575,765.17	897,123.47	575,765.17
2. Asset Management	4,942.16	6,177.16	2,961.04	6,177.16
Total	564,124.88	581,942.33	900,084.51	581,942.33
Unallocated	11,067.04	9,288.22	7,842.46	9,288.22
Total Segment Liabilities	575,191.92	591,230.55	907,926.97	591,230.55
Capital Employed
(Segment Assets less Segment liabilities)
1. Wealth Management	270,102.44	262,829.67	288,031.60	262,829.67
2. Asset Management	27,805.73	21,652.08	20,389.25	21,652.08
Total capital employed in Segments	297,908.17	284,481.75	308,420.85	284,481.75
Unallocated	(2,072.73)	(1,705.13)	548.39	(1,705.13)
Total Capital Employed	295,835.44	282,776.62	308,969.24	282,776.62

				(Rs. In Lakhs)
		Year ended
Geographical Revenue	June 30, 2021	March 31, 2021	June 30, 2020	March 31, 2021
	Unaudited	(Refer Note 8)	Unaudited	Audited
India	42,046.13	42,656.09	35,832.57	163,482.99
Mauritius	81.91	129.97	87.27	188.41
Singapore	549.10	801.48	173.93	2,217.44
Others	(41.54)	(0.01)	10.00	13.18
Total :	42,635.60	43,587.53	36,103.77	165,902.02

IIFL Wealth Management Limited CIN : L74140MH2008PLC177884 Regd. Office :- IIFL Centre, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai-400013, Maharashtra, India

• 1. The above consolidated unaudited financial results for the quarter ended June 30, 2021, have been reviewed and recommended by the Audit Committee and approved by the Board of Directors of IIFL Wealth Management Limited (the "Company") at its meeting held on August 03, 2021. The Statutory Auditors of the Company have carried out the Limited Review of the aforesaid results.
• 1. These consolidated unaudited financial results have been prepared in accordance with the recognition and measurement principals laid down in Indian Accounting Standards 34 — Interim Financial Reporting ("Ind AS 34") prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principal generally accepted in India.
• 1. IIFL Wealth Prime Limited (formerly known as IIFL Wealth Finance Ltd.), subsidiary of the Company, completed the acquisition of 100% equity shares of IIFL Wealth Capital Markets Limited (formerly known as L&T Capital Markets Limited) (IWCML) effective April 24, 2020, The consolidated unaudited financial results for the quarter ended June 30, 2020 and the year ended March 31, 2021 include results of IWMCL from April 24, 2020.
• 1. During the quarter ended June 30, 2021, the Nomination and Remuneration Committee of the Board of Directors, granted 2,675,000 stock options representing equal number of equity shares of face value of ` 2/- each in the Company to the eligible employees under the IIFL Wealth Employee Stock Option Scheme – 2019 and Employee Stock Option Scheme – 2021. None of the stock options were vested or exercised during the said period.
• 1. The Company, during the quarter ended June 30, 2021 has allotted 62,387 equity shares of Rs. 2/- each, fully paid up, on exercise of options by employees, in accordance with the Company's Employee Stock Option Scheme(s).
• 1. The spread of the COVID-19 pandemic including second wave across the globe and India contributed to significant volatility in global and Indian financial markets and a significant decrease in global and local economic activities. The ultimate duration and extent of the pandemic cannot reasonably be reasonably assessed and consequently the full impact on the business due to a COVID-19 related economic slowdown, changes in client sentiment and investment behaviour are currently unknown. The Group so far has continued to engage with clients and employees through the business continuity measures put in place and its technology platform with limited disruption. Further, the Group has assessed that it expects to navigate currently prevailing uncertain economic conditions due to the more severe Second wave based on its business model, profile of assets and liabilities and availability of liquidity and capital at its disposal. However, the extent to which the COVID-19 pandemic will ultimately impact the Group's operations will depend on currently uncertain future developments.

Further, in respect of loan portfolio of IIFL Wealth Prime Limited, a subsidiary, based on its current assessment and the policy for provisioning, approved by its Board of Directors, the Company does not envisage the need for any additional Expected Credit Loss (ECL) provision on the loans on account of the pandemic. However, ECL provisions required may differ from those estimated currently if situation worsens, such future impact will be recognized prospectively

IIFL Wealth Management Limited CIN : L74140MH2008PLC177884 Regd. Office :- IIFL Centre, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai-400013, Maharashtra, India

• 1. The figures for the quarter ended March 31, 2021 are the balancing figures between audited figures in respect of the year ended March 31, 2021 and the unaudited figures of nine months ended December 31, 2020.
• 1. Previous period/year figures have been regrouped/reclassified to make them comparable with those of current period.

In terms of our report attached By the order of the Board

For IIFL Wealth Management Limited

Date: August 03, 2021 Karan Bhagat Place: Mumbai Managing Director

(DIN : 03247753)

Deloitte Haskins & Sells LLP

Chartered Accountants One International Centre Tower 3, 27th -32nd Floor Senapati Bapat Marg Elphinstone Road (West) Mumbai – 400 013 Maharashtra, India

Tele: + 91 22 6185 4000 Fax: +91 22 6185 4001

INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM STANDALONE FINANCIAL RESULTS

TO THE BOARD OF DIRECTORS OF IIFL WEALTH MANAGEMENT LIMITED

• 1. We have reviewed the accompanying Statement of Standalone Unaudited Financial Results of IIFL WEALTH MANAGEMENT LIMITED ("the Company"), for the quarter ended June 30, 2021 ("the Statement"), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
• 1. This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review.
• 1. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity', issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, primarily of the Company's personnel responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
• 1. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.

For DELOITTE HASKINS & SELLS LLP

Chartered Accountants (Firm's Registration No. 117366W/W-100018)

Pallavi A. Gorakshakar (Partner) (Membership No. 105035) (UDIN: 21105035AAAAKR5962)

Place: MUMBAI Date: 03 August 2021

IIFL Wealth Management Limited CIN : L74140MH2008PLC177884

Statement of Standalone Unaudited Financial Results for the Quarter ended June 30, 2021 Regd. Office :- IIFL Centre, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai-400013, Maharashtra, India

				(Rs. In Lakhs)
	Quarter endedYear ended
Particulars	June 30, 2021	March 31, 2021	June 30, 2020	March 31, 2021
	Unaudited	(Refer Note 7)	Unaudited	Audited
1. Income
Revenue from operations
(i) Fees and commission Income	4,006.52	5,480.25	3,450.34	13,778.05
(ii) Net gain on fair value changes	-	-	-	-
(I) Total Revenue from operations	4,006.52	5,480.25	3,450.34	13,778.05
(II) Other Income	4,835.02	24,415.47	1,216.02	62,898.06
(III) Total Income (I+II)	8,841.54	29,895.72	4,666.36	76,676.11
2. Expenses
(i) Finance Costs	785.36	969.82	377.40	2,513.38
(ii) Fees and commission expense	113.73	151.51	0.14	152.98
(iii) Impairment on financial instruments	(187.31)	110.49	0.13	194.56
(iv) Employee Benefits Expenses	1,435.93	754.86	1,061.08	3,779.55
(v) Depreciation, amortization and impairment	283.44	288.25	289.00	1,156.88
(vi) Other expenses	593.21	487.18	656.95	2,316.85
(IV ) Total Expenses	3,024.36	2,762.11	2,384.70	10,114.20
(V) Profit before tax (III - IV)	5,817.18	27,133.61	2,281.66	66,561.91
(VI) Tax Expense:
(1) Current Tax	1,051.11	1,105.03	389.40	2,114.59
(2) Deferred Tax	2.33	201.90	216.08	410.22
Total Tax Expense	1,053.44	1,306.93	605.48	2,524.81
(VII) Profit for the period/year(V-VI)	4,763.74	25,826.68	1,676.18	64,037.10
(VIII) Other Comprehensive Income
Items that will not be reclassified to profit or loss
- Remeasurements of defined benefitsliabilities/(assets)	(1.23)	9.99	(3.13)	6.41
Income tax relating to items that will not be reclassified to
profit or loss	0.31	(2.51)	0.79	(1.61)
Other Comprehensive Income/(loss) for the period/year	(0.92)	7.48	(2.34)	4.80
(IX) Total Comprehensive Income for the period/year
(VII+VIII) (Comprising Profit and other Comprehensive	4,762.82	25,834.16	1,673.84	64,041.90
Income/(Loss) for the period/year)
(X) Paid up Equity Share Capital (Face value of Rs. 2 each)(Refer Note 5)	1,758.90	1,757.66	1,744.10	1,757.66
(XI) Reserves (excluding Revaluation reserve)				241,214.50
(XII) Earnings per equity share
Basic(In Rs.) *	5.42	29.42	1.92	73.25
Diluted (In Rs.) *	5.35	29.08	1.90	72.41

* Quarter ended numbers are not annualised.

For and on behalf of the Board of Directors

Date : August 03, 2021 Karan Bhagat Place : Mumbai Managing Director (DIN: 03247753)

IIFL Wealth Management Limited CIN : L74140MH2008PLC177884 Regd. Office :- IIFL Centre, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai-400013, Maharashtra, India

• 1. The above standalone unaudited financial results of the Company for the quarter ended June 30, 2021, have been reviewed and recommended by the Audit Committee and approved by the Board of Directors of IIFL Wealth Management Limited (the "Company") at its meeting held on August 03, 2021. The Statutory Auditors of the Company have carried out the Limited Review of the aforesaid results.
• 1. These standalone unaudited financial results have been prepared in accordance with the recognition and measurement principals laid down in Indian Accounting Standards 34 - Interim Financial Reporting ("Ind AS 34") prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principal generally accepted in India.
• 1. The Company's main business is Wealth Management Services comprising of transaction structuring, syndication and advisory services relating to financial products to its clients as a part of wealth management and all other activities revolve around the same. All activities of the Company are carried out in India. As such there are no separate reportable segments as per the Indian Accounting Standard 108 (IND AS 108) on Operating Segments.
• 1. During the quarter ended June 30, 2021, the Nomination and Remuneration Committee of the Board of Directors, granted 2,675,000 stock options representing equal number of equity shares of face value of ` 2/- each in the Company to the eligible employees under the IIFL Wealth Employee Stock Option Scheme – 2019 and Employee Stock Option Scheme – 2021. None of the stock options were vested or exercised during the said period.
• 1. The Company, during the quarter ended June 30, 2021 has allotted 62,387 equity shares of Rs. 2/- each, fully paid up, on exercise of options by employees, in accordance with the Company's Employee Stock Option Scheme(s).
• 1. The spread of COVID-19 across the globe and India contributed to significant volatility in global and Indian financial markets and a significant decrease in global and local economic activities. The full impact on the business due to a COVID-19 related economic slowdown, changes in client sentiment and investment behaviour are as yet unknown. The Company has continued to engage with clients and employees through extensive business continuity planning and robust technology platform with minimal disruption on any business activity during the lockdown phase. Further, the Company has assessed that it would be able to navigate currently prevailing uncertain economic conditions based on its business model, profile of assets and liabilities, availability of liquidity and capital at its disposal. The extent to which the COVID-19 pandemic will impact the Company's operations and results will depend on future developments, which remain uncertain. Accordingly, the Company has undertaken extensive scenario planning to better prepare itself and will continue to actively monitor any material changes to the future economic conditions.
• 1. The figures for the quarter ended March 31, 2021 are the balancing figures between audited figures in respect of the year ended March 31, 2021 and the unaudited figures of nine months ended December 31, 2020.

IIFL Wealth Management Limited CIN : L74140MH2008PLC177884 Regd. Office :- IIFL Centre, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai-400013, Maharashtra, India

1. Previous period/year figures have been regrouped/reclassified to make them comparable with those of current period.

In terms of our report attached By the order of the Board

For IIFL Wealth Management Limited

(DIN : 03247753)

Date: August 03, 2021 Karan Bhagat Place: Mumbai Managing Director