IIFL Finance Limited — Board Meeting, 08-05-2025: Outcome of Board Meeting

IIFL Finance Limited has announced a board meeting outcome. The board approved the audited consolidated financial results for the quarter and year, reporting quarterly revenue of ₹10,237 Cr and profit after tax of ₹251 Cr, with annual profit at ₹578 Cr. The company plans to raise up to ₹10,000 Cr via non-convertible securities through private placement, pending member approval. M/s Nilesh Shah and Associates were appointed as Secretarial Auditor for five years, subject to AGM approval. Chairperson Arun Kumar Purwar will retire and not seek reappointment at the upcoming AGM.