IIFL Wealth Management has raised Rs 250 crore through Principal Protected, Secured, Redeemable, Market Linked / Structured Non-Convertible Debentures (NCDs), on private placement basis, in one or more tranches. Resource Raising Committee of the Company at its meeting held on November 18, 2021, has approved the same.
IIFL Wealth Management engages in the retail of financial products and services in India.