The Board of Directors of IIFL Finance is scheduled to convene on November 26, 2025, to consider and approve a public issue of secured, rated, listed, and redeemable non-convertible debentures. These debentures may be issued in one or more tranches. The trading window for designated persons and their relatives will be closed until 48 hours after the board meeting concludes.
Board Meeting Announcement
IIFL Finance has announced that a meeting of its Board of Directors is scheduled for November 26, 2025. The primary agenda includes consideration and approval of a public issue of secured, rated, listed, redeemable non-convertible debentures.
Debenture Issue Details
The proposed debenture issue may occur in one or more tranches, subject to regulatory and statutory approvals. This move aims to raise capital for the company and expand its financial offerings. The exact details regarding the amount and terms of the debentures will be determined during the board meeting.
Trading Window Closure
In accordance with the company’s code of conduct, the trading window for designated persons and their immediate relatives will remain closed until 48 hours after the conclusion of the board meeting. This measure ensures compliance and prevents any potential misuse of unpublished price-sensitive information.
Source: BSE