NSEDisclosure under SEBI Takeover Regulations22 Jun 2026 · 22 Jun 2026, 07:21 pm
Disclosure under SEBI Takeover Regulations
IIFL Finance Limited · IIFL
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IIFL Finance Limited's promoters, Nirmal Bhanwarlal Jain and R Venkataraman, have submitted a disclosure under SEBI Takeover Regulations 31(4). They confirmed that the Promoters/Promoter Group Members along with Persons Acting in Concert have not created any new encumbrances (pledges) on their shareholding in the company during the financial year ended March 31, 2026. The total shares held by the promoter group and PACs is 10,56,74,667.
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Earnings Impact5/10
Growth Catalyst5/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact5/10
Market Sentiment7/10
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Nirmal Bhanwarlal Jain and R Venkataraman has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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April 7, 2026
The Manager, The Manager,
Listing Department, Listing Department,
BSE Limited, The National Stock Exchange of India Limited,
Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot C/1, G Block,
Dalal Street, Bandra - Kurla Complex, Bandra (E),
Mumbai 400 001. Mumbai 400 051.
BSE Scrip Code: 532636 NSE Symbol: IIFL
Subject: Disclosure under Regulation 31(4) of Securities and Exchange Board of India (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011
Dear Sir/ Madam,
Pursuant to the provisions of Regulation 31(4) of Securities and Exchange Board of India (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011, (as amended from time to time), we, Nirmal
Bhanwarlal Jain and R Venkataraman, Promoters of IIFL Finance Limited (the “Company”)
do hereby confirm that the Promoters/ Promoter Group Members along with Persons Acting in
Concert of the Company, as stated below, have not made any encumbrance in respect of their
shareholding in the Company, directly or indirectly during the financial year ended March 31, 2026.
Sr. No. of Shares
Name of Promoter & Promoter Group Category
No. Held
1. Nirmal Bhanwarlal Jain P r o m o t e r 5 , 3 4 , 4 0 , 5 70
2. Madhu N Jain P r o m o t e r G r o u p 1,35,22,764
3. R Venkataraman Promoter 1,23,01,441
Mansukhlal Jain and Pritesh Ashwin Mehta (in
4. their capacity as Trustees of Nirmal Madhu Family Promoter Group 1,11,11,111
Private Trust)
Aditi Avinash Athavankar (in her capacity as
5. Promoter Group 1,00,00,000
Trustee of Kalki Family Private Trust)
6. Aditi Athavankar P r o m o t e r G r o u p 2,22,222
Persons Acting in
7. Ardent Impex Private Limited 3 6 , 3 2 , 1 1 5
Concert
Persons Acting in
8. Orpheus Trading Private Limited 1 4 , 4 4 , 4 4 4
Concert
Total 10,56,74,667
Kindly take the above on your record and oblige.
Thanking you,
Nirmal Bhanwarlal Jain R Venkataraman
(Promoter) (Promoter)
IIFL Finance Limited IIFL Finance Limited
Copy to:
1. The Audit Committee, IIFL Finance Limited
2. The Company Secretary & Compliance Officer, IIFL Finance Limited