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IIFL Finance to meet on NCD fundraising initiative

December 17, 2025 at 03:09 PM UTCBy FilingReader AI

IIFL Finance Limited announced that its finance committee will convene on Monday, December 22, 2025, to consider and approve the terms and conditions for issuing non-convertible debentures (NCDs) on a private placement basis. This follows an initial intimation dated May 08, 2025, regarding plans to raise funds up to a limit of INR 10,000 crores through NCDs.

The issuance aligns with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting’s primary focus will be on finalizing the details surrounding this private placement, adhering to regulatory guidelines for such financial instruments.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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