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IIFL Securities planning to raise funds through NCDs

19 Apr 2022 Evaluate

IIFL Securities is planning to raise funds through issuance of Secured or Unsecured Redeemable Non-Convertible Debentures (NCDs), in one or more tranches on an annual basis through private placement basis. The meeting of the board of directors of the company is scheduled to be held on April 26, 2022, to consider and approve the same.

IIFL Securities operates as an investment management company. The company offers insurance, loans, mutual funds, property solutions, and wealth management services.

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