IIFL Wealth Finance has informed that the meeting of the Debenture Allotment Committee of the Company held on December 12, 2016, has considered and approved the issuance of Principal Protected Secured Redeemable Market Linked Non-Convertible Debentures aggregating to Rs 1000 Crore on private placement basis.
The above information is a part of company’s filings submitted to BSE.