IIFL Finance Limited — Others, 30-07-2025: Appointment

IIFL Finance has announced the outcome of its board meeting, approving the financial results for the quarter ended June 30, 2025. The company reported a consolidated net profit of ₹274.17 Cr and a standalone net profit of ₹132.77 Cr. Key leadership changes were also approved: Mr. Mayank Sharma was re-designated as Chief AI & Innovation Officer to drive digital initiatives, and Mr. K S Praveen was appointed as Head - Internal Audit. Additionally, Mr. Binay Kumar Mishra was appointed as Head - Legal, strengthening corporate governance. The board also confirmed that proceeds from recent Non-Convertible Debenture issues, totaling ₹999.96 Cr, were utilized as intended.