IIFL Finance has raised Rs 115 crore by allotting 1,150 Non-Convertible Debentures (NCDs) namely Secured Redeemable Non-Convertible Market Linked Debentures-Series D19 of face value of Rs 10 lakh each, for cash at par on private placement basis. Tenure of the said NCDs is 24 months.
IIFL Finance is an Indian diversified financial services company.