IIFL Finance Limited — QIP/Rights/Pref., 11-02-2025: Issue of Securities

IIFL Finance has announced a board meeting to approve the issuance of up to 125 unsecured, redeemable, non-convertible subordinated debentures (NCDs) through private placement, with a total size of INR 125 Crore, which includes a green-shoe option of INR 25 Crore. Each NCD has a face value of INR 1,00,00,000. The proceeds from this issuance will support the company's financial strategy and are proposed to be listed on the National Stock Exchange of India. Further details regarding the tenure, coupon rate, and redemption are outlined in the Key Information Document.