IIFL Finance has informed that the Finance Committee of the Board of Directors of the Company at its meeting held on June 02, 2023 has approved the Tranche II Prospectus and the Company has filed the same on June 02, 2023, for the proposed public issue of Non-Convertible Debentures, with the Registrar of Companies, Maharashtra, Mumbai (ROC), which is duly taken on record by ROC. The Tranche II Issue consists of public issue by the Company of Secured Redeemable Non-Convertible Debentures of face value of Rs 1,000 each (NCDs or Debentures) for an amount up to Rs 300 crore (Base Issue Size) with an option to retain oversubscription upto Rs 1,200 crore aggregating to Rs 1,500 crore (Tranche II Issue Limit) (Tranche II Issue) which is within the Shelf Limit of Rs 5,000 Crore. The details as per SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, are provided.
The above information is a part of company’s filings submitted to BSE.
