IBL Finance Limited — QIP/Rights/Pref., 11-07-2025: Allotment of Securities

IBL Finance has allotted 51 unlisted, senior, secured, taxable, redeemable NCDs at ₹1,00,000 each, raising ₹51 lakh via private placement. These NCDs carry a fixed coupon of 11.5% p.a., payable monthly, with a tenure of 728 days maturing in July 2027. The NCDs are secured by hypothecation of receivables with a minimum coverage of 1.05x. This fund infusion strengthens the company’s liquidity without diluting promoter holding.