ALPHA TRIBE

IIFL Finance LimitedQIP/Rights/Pref., 18-02-2025: Allotment of Securities

18-02-2025 | 11:34 am

IIFL Finance Limited has announced the allotment of 100 Unsecured, Redeemable, Non-Convertible Subordinated Debentures, Series D30, with a face value of ₹1 Crore each, totaling ₹100 Crore, via private placement. The issue carries a coupon of 9.50% per annum and has a tenure of 3527 days, maturing on October 16, 2034. Interest payments will be made on specified dates over the term, concluding with the principal repayment at maturity. The debentures are proposed to be listed on the National Stock Exchange of India.

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