IIFL Finance Limited — QIP/Rights/Pref., 26-11-2024: Issue of Securities

IIFL Finance Limited has announced a board meeting to approve the issuance of up to 50,000 rated, listed, secured, redeemable non-convertible debentures (NCDs) on a private placement basis, with a base issue size of ₹500 crores and a green shoe option to retain oversubscriptions, bringing the total potential size to ₹1,000 crores. The debentures are proposed to be listed on the National Stock Exchange of India. Details regarding the tenure, coupon rate, and payment schedule will be specified in the relevant Key Information Document.