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IBL Finance LimitedOthers, 22-08-2025: Shareholders meeting

22-08-2025 | 06:57 pm

IBL Finance Limited held its 8th Annual General Meeting, where it adopted the audited financial statements for FY25. The company announced its Assets Under Management (AUM) crossed ₹100.99 Cr for the year, a significant increase from ₹50.75 Cr previously, driven by FI Lending and NBFC partnerships. Revenue from operations was ₹12.95 Cr. Asset quality improved with Gross NPAs at 2.54% and Net NPAs at 1.98%. The company also confirmed plans to issue Non-convertible Debentures on a private placement basis to diversify funding and support future growth, including expanding through innovative products like Business Correspondence.

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