News

IIFL Finance Limited announced that its Nomination and Remuneration Committee has approved the allotment of 14,30,848 equity shares to eligible employees on the exercise of stock options under the company’s Employee Stock Option Scheme, according to a circular resolution dated September 10, 2026.

IIFL Finance Limited announced that its finance committee approved the allotment of 2,500 secured, listed, rated, redeemable non-convertible debentures of INR 100,000 each, aggregating to INR 25 crore, on a private placement basis. The debentures, designated Series D39, will be listed on the National Stock Exchange of India Limited and mature on September 8, 2028, with a coupon rate of 9.10% p.a.

IIFL Finance Limited clarified on September 9, 2026, that there have been no negotiations regarding a potential exit by Fairfax to fund a bid for IDBI Bank, responding to a news article appearing on the economictimes.indiatimes.com website, and stated that any movement in the company’s share price is due to market sentiment or factors beyond its control.

IIFL Finance Limited announced that its finance committee approved the allotment of 10,000 subordinated, unsecured, listed, rated, redeemable non-convertible debentures of INR 100,000 each, totaling INR 1,00,00,00,000, under Series D3 8 on a private placement basis. The debentures will be listed on the National Stock Exchange of India Limited and have a tenure of 7 years, with an interest rate of 9.35% p.a., maturing on September 08, 2033.

IIFL Finance Limited announced that its finance committee approved the allotment of 35,000 secured, listed, rated, redeemable non-convertible debentures of face value Rs 100,000 each, aggregating to Rs 350 crore, on a private placement basis. The debentures, designated Series D37, will mature on September 01, 2028, with a coupon rate of 9.25% p.a., and will be listed on the National Stock Exchange of India Limited. The company has created a first ranking pari passu charge over its assets, including gold loans, MSME/business loans, real estate loans, capital market loans, and loans against property, to secure the debentures.