The Exchange had sought clarification from IIFL Holdings with respect to news article appearing on moneycontrol on August 23, 2016 titled ‘IIFL board to consider issue of Rs 390 crore market-linked NCDs on August 25’. IIFL Holdings replied stating that captioned news is related with issuance of NCD on a private placement basis by India Infoline Housing Finance, a subsidiary of the Company.
The above information is a part of company’s filings submitted to BSE.