IIFL Finance Board Approves Interim Dividend, CISO Steps Down

IIFL Finance’s board has approved an interim dividend of Rs. 4 per equity share for the financial year 2025-26, with a record date set for January 29, 2026. Furthermore, Mr. Sameer Gadve will step down as Chief Information Security Officer (CISO), effective January 22, 2026, due to an internal move within the company. The company also received two GST orders from Bihar and one from Gujarat.

Interim Dividend Declared

The Board of Directors has declared an interim dividend of Rs. 4 per equity share with a face value of Rs. 2 each for the financial year 2025-26. The record date for determining eligible shareholders is January 29, 2026. The dividend will be paid on or before February 20, 2026.

CISO Transition

Mr. Sameer Gadve, the Chief Information Security Officer (CISO), has stepped down from his position, effective January 22, 2026. This is due to an internal movement within the company. Mr. Kailash Gaonkar has been appointed as the new Chief Information Security Officer, effective January 23, 2026.

Financial Results Highlights (Q3 2025-26)

The unaudited consolidated financial results for Q3 2025-26 show:

  • Interest income of ₹3,019.25 crore.
  • Total revenue from operations of ₹3,427.45 crore.
  • Profit before tax of ₹662.94 crore.
  • Net profit after tax of ₹501.35 crore.

Regulatory Updates

IIFL Finance received two orders from the Goods and Services Tax (GST) Department of Bihar and one order from the GST Department of Gujarat. The company also received a communication from the Income Tax Department directing it to get its accounts audited for a specified block period under Section 142(2A) of the Income Tax Act, 1961, and appointing a Special Auditor.

Source: BSE

Previous Article

IIFL Finance Board Approves Interim Dividend, CISO Steps Down

Next Article

IIFL Finance Board Approves Interim Dividend, CISO Steps Down