NSENews Verification9 Sept 2026 · 9 Sept 2026, 10:46 am
News Verification
IIFL Finance Limited · IIFL
✦ AI SummaryRegulatory
The National Stock Exchange of India Limited sought clarification from IIFL Finance Limited regarding a news article stating Fairfax plans IIFL Finance exit to fund IDBI Bank bid. IIFL Finance clarified that there is no information or event that has not already been disclosed to the stock exchanges which could account for the recent movement in the price of the Company's Equity Shares.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment5/10
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Full Announcement
The Exchange has sought clarification from IIFL Finance Limited with respect to recent news item captioned Fairfax plans IIFL Finance exit to fund IDBI Bank bid. The response from the Company is attached.
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IIFL_09092026104532_Clarification_NSE.pdf
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September 09, 2026
The Manager,
Listing Department,
The National Stock Exchange of India Limited,
Exchange Plaza, 5th Floor, Plot C/1, G Block,
Bandra-Kurla Complex, Bandra (E), Mumbai 400 051
NSE Symbol: IIFL
Subject: Clarifica(cid:415)on/ Confirma(cid:415)on on news item appearing in “Media/Publica(cid:415)on”
Ref No.: NSE/CM/Surveillance/17508
This is with reference to the clarifica(cid:415)on sought by you, with regard to the news ar(cid:415)cle cap(cid:415)oned
“Fairfax plans IIFL Finance exit to fund IDBI Bank bid" appearing in the website www.economic(cid:415)mes.com dated
September 08, 2026.
In this regard, the Company wishes to clarify that there is no informa(cid:415)on or event that has not already been
disclosed to the Stock Exchanges which could account for the recent movement in the price of the Company’s
Equity Shares. The movement in the share price appears to be driven by market sen(cid:415)ment or other factors beyond
the control of the Company.
With respect to your specific queries, we state as follows:
1. Whether such negotiations/events were taking place? If so, you are advised to provide the said information
along with the sequence of events in chronological order from the start of negotiations/events till date
No. There have been no such negotiation/event from the Company in connection with the above news article.
2. Whether you/company are aware of any information that has not been announced to the Exchanges which
could explain the movement in the trading, if any? Further, you are advised to provide the said information
and the reasons for not disclosing the same to the Exchange earlier as required under regulation 30 of the
SEBI (LODR) Regulations, 2015.
With reference to the said news article, there is no such information/ event that has not already been disclosed
to the Stock Exchanges which could account for said movement in the trading.
3. The material impact of this article on the Company
There is no material impact of this article on the Company.
Kindly take the above on record.
For IIFL Finance Limited
Samrat Sanyal
Company Secretary & Compliance Officer
IIFL Finance Limited
CIN No.: L67100MH1995PLC093797
Corporate Office – 802, 8th Floor, Hubtown Solaris, N.S. Phadke Marg, Vijay Nagar, Andheri East, Mumbai 400069
Tel: (91-22) 6788 1000. Fax: (91-22) 6788 1010
Regd. Office – IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, Thane Industrial Area, Wagle Estate, Thane – 400604
Tel: (91-22)41035000. Fax: (91-22) 25806654 E-mail: csteam@iifl.com Website: www.iifl.com