IBL Finance Limited — QIP/Rights/Pref., 17-05-2025: Allotment of Securities

IBL Finance has raised ₹0.58 Cr by allotting 58 senior secured NCDs at ₹1,00,000 each to a single investor via private placement. These debentures offer a 13% fixed coupon, paid monthly, and mature in 542 days. The debt is secured by receivables with a coverage of at least 1.05x. This infusion strengthens the company’s liquidity without diluting promoter stake.