IIFL Finance Limited — QIP/Rights/Pref., 11-08-2025: Allotment of Securities
11-08-2025 | 05:19 pm
11-08-2025 | 05:19 pm
IIFL Finance has allotted 60,211 new Equity Shares to employees who exercised their stock options. This common practice expands the company's total outstanding shares from 42,49,30,467 to 42,49,90,678, each with a face value of Rs. 2. This move slightly increases the equity base and typically aims to align employee interests with shareholder value. The announcement does not specify the exercise price per share, so the exact amount of fresh capital infused by this allotment remains undisclosed.
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