IIFL FINANCE BOARD APPROVES FUNDRAISING UP TO RS 10,000 CR

• Board approved enabling resolution for raising funds via equity shares or other eligible securities up to ₹10,000 crore. • The fundraising can be through public issues, rights issues, preferential issues, private placements, or QIPs. • Upsized the existing Global Medium Term Notes (GMTN) Programme limit from USD 1 billion to USD 2 billion. • Enhancement in borrowing limit and creation of security on assets from ₹60,000 crore to ₹75,000 crore, subject to member approval. • Mr. Kapish Jain steps down as CFO effective June 26, 2026, moving to Chief Strategy Officer role. • Mr. Vikas Jain appointed as CFO effective June 27, 2026.

IIFL Finance Ltd

Open attachment

← Back to feed