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IIFL Finance raises Rs 100 crore through NCDs

17 Nov 2020 Evaluate

IIFL Finance has raised Rs 100 crore through issuance of non-convertible debentures (NCDs) on a private placement basis. The debentures will be listed on the Wholesale Debt Market segment of NSE. Finance committee of the board of directors of the company has approved allotment of 1,000 non convertible debentures of face value of Rs 10 lakh each, for cash at par.

IIFL Finance is an Indian diversified financial services company.

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