IIFL Finance Limited

IIFL Finance Limited

IIFL Finance Limited clarified that a proposal regarding fund-raising by issuing equity or other eligible securities, scheduled for the upcoming Board Meeting on June 27, 2026, is solely for seeking shareholders' enabling approval at the Annual General Meeting. The company stated that any actual issuance of securities would be considered at an appropriate future time, subject to market conditions, shareholder consent, and regulatory approvals. This announcement confirms that an immediate fund-raise is not planned.

IIFL Finance Limited

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.