IIFL Finance Limited — Others, 27-06-2025: Security Cover Certificate

IIFL Finance Limited’s secured borrowings increased from Rs. 14,405.91 Cr in December 2024 to Rs. 18,852.76 Cr in March 2025, causing the security cover ratio to drop from 1.63x to 1.46x. Despite this decline, the security cover remains above the required threshold as per the debenture trust deed. The company continues to maintain adequate collateral backing its listed secured debt securities, supporting creditor confidence amid higher borrowing levels.