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

IIFL Finance has announced a board meeting where it approved the financial results for the quarter. The company reported a consolidated net profit of ₹ 274.17 Cr and a standalone net profit of ₹ 132.77 Cr. Strategic leadership changes were also approved: Mayank Sharma was re-designated as Chief AI & Innovation Officer, K S Praveen appointed as Head - Internal Audit, and Binay Kumar Mishra as Head - Legal. These appointments aim to enhance AI adoption, strengthen internal controls, and bolster legal capabilities. The company confirmed full utilization of funds from recent Non-Convertible Debenture issuances with no deviations, and equity shares were allotted through employee stock options.