IIFL Capital Services Limited — Others, 20-05-2025: Action(s) taken or orders passed

IIFL Capital Services Limited has announced a board meeting and disclosed a ₹4 lakh penalty imposed by BSE for conducting a Disaster Recovery drill without switching all clients during the exercise. The drill was successfully completed for transitioned clients, and IIFL is pursuing a waiver by providing clarifications. This penalty is not expected to have any material financial or operational impact on the company.