IIFL Finance Board Approves Interim Dividend, CISO Steps Down

IIFL Finance’s board approved an interim dividend of ₹4 per share for FY 2025-26, with a record date set for January 29, 2026. Mr. Sameer Gadve, Chief Information Security Officer (CISO), stepped down on January 22, 2026, due to an internal move. The company also received orders from GST departments in Bihar and Gujarat, and is facing an Income Tax Department audit.

Interim Dividend Declared

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

Management Changes

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

Regulatory Updates

IIFL Finance received two orders from the Goods and Services Tax (GST) Department of Bihar and one from Gujarat. Also, the Income Tax Department directed the company to audit its accounts for a specified block period and appointed a Special Auditor.

Financial Performance Highlights (Q3 2025-26)

  • Total Income: ₹3,432.79 crore
  • Net Profit After Tax: ₹501.35 crore

Dividend Information

The interim dividend of ₹4 per share on equity shares having face value of ₹2 each has been declared for Financial Year 2025-26.

Source: BSE

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