IIFL Finance has raised Rs 125 crore through allotment of 12,500 Non-Convertible Debentures namely Secured Redeemable Non-Convertible Debentures (NCDs) - Series D23 having face value of Rs 1 lakh each, for cash at par, on Private Placement Basis. Finance Committee of the Board of Directors of the Company at its meeting held on April 06, 2023 approved the same.
IIFL Finance is an Indian diversified financial services company.