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IIFL Securities enters into SPA for 5% stake sale in Livlong Protection and Wellness SolutionsThe expected date of completion of sale is within 15 days of entering into the agreement IIFL Securities has entered into a Share Purchase Agreement (SPA) on December 01, 2021 for the sale of its 5% stake in Livlong Protection and Wellness Solutions (earlier known as IIFL Corporate Services Ltd), a wholly owned subsidiary of the company, to Mr. Gaurav Dubey. The expected date of completion of sale is within 15 days of entering into the agreement and the value of the sale is approximately Rs 26.69 lakh.IIFL Securities operates as an investment management company. The Company offers insurance, loans, mutual funds, property solutions, and wealth management services.Source: Accord