IIFL Finance raises Rs 600 crore through NCDs

Ace News

3rd Dec 2024

IIFL Finance has raised Rs 600 crore through the allotment of 60,000 Non-Convertible Debentures (NCDs) namely secured, listed, rated, redeemable Non-Convertible Debentures – Series D27 of Face Value of Rs 1,00,000 each, for cash at par, on Private Placement Basis. The Finance Committee of the Board of Directors of the Company vide Resolution dated December 03, 2024 approved allotment of the same. 

IIFL Finance is an Indian diversified financial services company.