IIFL Finance Limited — Others, 18-07-2025: Shareholders meeting

IIFL Finance Limited recently conducted its 30th Annual General Meeting via video conference. Shareholders approved the adoption of audited standalone and consolidated financial results for FY 2024-25. Key resolutions included the re-appointment of Mr. T S Ramakrishnan and Mr. R Venkataraman as Joint Managing Director for five years, and the appointment of Mr. Bibhu Prasad Kanungo as an Independent Director. The remuneration of Managing Director Mr. Nirmal Jain was also approved. Importantly, the company secured approval for issuing Non-Convertible Securities via private placement and for existing and new material related party transactions with various IIFL group entities. Management emphasized the company's resilient response to regulatory challenges and its commitment to compliance and financial inclusion.