30-Sept-2026 12:15:17
IIFLGeneral news
IIFL FINANCE INTIMATES NCD ALLOTMENT
• IIFL Finance has approved the allotment of 95 Perpetual, Unsecured, Listed, Rated, Non-Convertible Debentures (NCDs) under Series PDI-2. • The face value of each NCD is INR 1,00,00,000/-, aggregating to INR 95,00,00,000/-. • The NCDs are proposed to be listed on the National Stock Exchange of India Limited. • The coupon rate is 9.90% p.a., with interest payments due annually on September 30th. • The NCDs are perpetual, with a call option exercisable after at least 10 years, subject to RBI approval. • In case of default, an additional interest of 2% p.a. will be charged over the coupon rate.
IIFL Finance Limited
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