IBL Finance Limited — QIP/Rights/Pref., 04-07-2025: Allotment of Securities

IBL Finance has allotted 52 unlisted, senior, secured, taxable, redeemable Non-Convertible Debentures (NCDs) at Rs. 1,00,000 each, raising Rs. 52 lakh via private placement. The fixed coupon rate is 13% p.a., payable monthly, with a 494-day maturity. These NCDs are secured by hypothecation of receivables with a minimum coverage of 1.05x the loan amount. This fund infusion will support the company’s lending book without equity dilution.