IIFL Capital Services Limited — Others, 28-04-2025: Statement of utilization of issue proceeds

The company has provided a statement regarding the utilization of proceeds from its recent issuance. Specifically, the funds have been allocated towards fulfilling business objectives and enhancing operational capabilities. This move is expected to strengthen the company’s financial position and support its growth initiatives, which could potentially lead to increased shareholder value. The clarity on fund usage reassures investors about the strategic direction and fiscal responsibility of the management.