IIFL Finance Limited informed that the Finance Committee of the Board of Directors of the company vide resolution dated March 31, 2023 approved allotment of 30 unsecured subordinated redeemable non-convertible debentures (NCDs) reissue of face value of ₹1 crore each, via an exchange filing.
The issue (Series D22) is for cash at par, aggregating to ₹30,00,00,000 on Private Placement Basis.