IIFL Finance Limited — QIP/Rights/Pref., 13-01-2025: Issue of Securities

IIFL Finance Limited has announced the issuance of secured, redeemable, non-convertible debentures through private placement, with a total size of INR 500 Crore. This includes three options: up to 50,000 NCDs for Option A, up to 40,000 NCDs for Option B, and up to 10,000 NCDs for Option C, each with a face value of INR 1,00,000. The base sizes for these issues are INR 400 Crore, INR 300 Crore, and INR 25 Crore respectively, all with green-shoe options to retain oversubscriptions. These debentures are proposed to be listed on the National Stock Exchange of India.