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IIFL Finance LimitedImportant, 09-04-2025: General Updates

09-04-2025 · 09:38 pm

IIFL Finance Limited has launched a public issue of secured, listed, redeemable, non-convertible debentures (NCDs) with a face value of ₹1,000 each, targeting ₹100 crore initially, and a green shoe option allowing for an additional ₹400 crore, totaling up to ₹500 crore for the Tranche I Issue. This issue is within a shelf limit of ₹2,500 crore and is detailed in the Shelf Prospectus dated March 29, 2025.

The Tranche I Issue opened on April 7, 2025, with an originally scheduled closing date of April 23, 2025. However, the company has opted for early closure, now set for April 11, 2025, at 3:00 p.m. or as permitted by the stock exchange. A public notice regarding this early closure will be published in relevant newspapers. Investors should note this expedited timeline as an opportunity to participate in the offering before the revised deadline.

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