IIFL Finance Limited — Others, 15-03-2025: Security Cover Certificate
15-03-2025 · 03:14 pm
Vardhman Trusteeship Private Limited has prepared a security cover certificate for IIFL Finance Limited, confirming that the company’s assets provide a coverage ratio of 1.63 times the interest and principal of its listed debt securities as of December 31, 2024. This certification, based on unaudited financial results and relevant documentation, highlights a total sanctioned debt of ₹922.45 crore. The certificate aims to assure stakeholders of the company’s financial health, enhancing investor confidence amid a stable asset backing. Overall, this update represents a positive outlook for IIFL Finance’s debt management, indicating a secure position for current and potential investors.
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