The Board of Directors of IIFL Finance is scheduled to meet on December 22, 2025, to consider and approve terms & conditions for the issuance of Non-Convertible Debentures (NCDs) on a private placement basis. The proposed issuance aims to raise funds up to Rs. 10,000 crores. This move is aligned with the company’s strategy to diversify its funding sources and support its growth plans.
Proposed NCD Issuance
IIFL Finance is considering raising funds through the issuance of Non-Convertible Debentures (NCDs) on a private placement basis. The Finance Committee of the Board of Directors will meet on Monday, December 22, 2025, to evaluate and approve the terms and conditions associated with this issuance.
Details of the Issuance
The proposed NCD issuance is intended to raise up to Rs. 10,000 crores. The funds raised will be used to support the company’s ongoing business activities and growth initiatives. This is in reference to an earlier intimation dated May 08, 2025.
Source: BSE
