IIFL Holdings has received approval to raise funds through issuance of Non-Convertible Debentures (NCDs) on a Private Placement basis, up to a limit of Rs 8,000 crore. The Board of Directors of the Company at its meeting held on May 14, 2019 has approved the same.
The Board of Directors of India Infoline Finance (IIFL Finance), a material NBFC subsidiary of the Company has approved raising funds by way of issue of overseas/domestic notes/debentures.
IIFL Holdings is one of India's leading, diversified financial services companies.
