IIFL Finance has raised Rs 500 crore through the allotment of 50,000 Non-Convertible Debentures (NCDs) namely Secured Redeemable Non-Convertible Debentures - Series D25 of Face Value of Rs 1,00,000 each, for cash at par, on Private Placement Basis. The Finance Committee of the Board of Directors of the Company vide Resolution dated March 20, 2024 approved allotment of the same.
IIFL Finance is an Indian diversified financial services company.