IIFL Wealth Finance has informed that the meeting of Finance Committee of the Company held on December 15, 2017, has considered and approved the offer and issue of Principal Protected Secured Redeemable Non-Convertible Market Linked Debentures of face value of Rs 1,00,000 each aggregating up to Rs 225 Crore (Base Issue) on private placement basis.
The above information is a part of company’s filings submitted to BSE.