IIFL Finance raises Rs 75 crore through NCDs

Ace News

16th Oct 2024

IIFL Finance has raised Rs 75 crore through the allotment of 75 Non-Convertible Debentures (NCDs) namely Unsecured Redeemable Non-Convertible Subordinated Debentures – Series D26 of Face Value of Rs 1 crore each, for cash at par, on Private Placement Basis. The Finance Committee of the Board of Directors of the Company vide Resolution dated October 16, 2024 approved allotment of the same. 

IIFL Finance is an Indian diversified financial services company.