IIFL Finance Limited — QIP/Rights/Pref., 19-06-2025: Issue of Securities

The company plans to raise funds through an issue of equity shares priced at ₹120 per share, targeting ₹50 Cr. This capital raise aims to support expansion plans and reduce existing debt. Approximately 41.7 lakh shares will be issued to institutional investors through a private placement. The board meeting has been announced to approve the issue. This move strengthens the balance sheet while fueling growth opportunities in the coming quarters.