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IIFL Finance informs about allotment of NCD

16 Jan 2025 Evaluate
IFL Finance has informed that the Finance Committee of the Board of Directors of the Company vide Resolution dated January 16, 2025 approved allotment of: (i) 40,000 (Forty Thousand) senior, secured, rated, listed, redeemable non-convertible debentures of the face value of INR 1,00,000 (Indian Rupees One Lakh Only) each and aggregating to INR 4,00,00,00,000/- (Indian Rupees Four Hundred Crore Only) (‘Option A Debentures’ / ‘Secured Listed Rated Redeemable Non-Convertible Debentures - Series D29 Option A’); 40,000 (Forty Thousand) senior, secured, rated, listed, redeemable non-convertible debentures of the face value of INR 1,00,000/- (Indian Rupees One Lakh Only) each and aggregating to INR 4,00,00,00,000/- (Indian Rupees Four Hundred Crore Only) (Option B Debentures / Secured Listed Rated Redeemable Non-Convertible Debentures - Series D29 Option B); and 4,000 (Four Thousand) senior, secured, rated, listed, redeemable non-convertible debentures bearing face value of INR 1,00,000/- (Indian Rupees One Lakh Only) each and aggregating to INR 40,00,00,000/- (Indian Rupees Forty Crore Only (Option C Debentures / Secured Listed Rated Redeemable Non-Convertible Debentures - Series D29 Option C along with Option A Debentures and Option B Debentures shall hereinafter be collectively referred to as Debentures) under Series D29, in dematerialised form and on private placement basis.

The above information is a part of company’s filings submitted to BSE.

IIFL Finance Share Price

420.15 -47.30 (-10.12%)
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