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IIFL Finance Limited’s committee approved a INR 10 billion debenture allotment on a private placement
08-Sep-2026, 01:00
IIFL Finance Limited announced that its finance committee approved the allotment of 10,000 subordinated, unsecured, listed, rated, redeemable non-convertible debentures of INR 100,000 each, totaling INR 1,00,00,00,000, under Series D3 8 on a private placement basis. The debentures will be listed on the National Stock Exchange of India Limited and have a tenure of 7 years, with an interest rate of 9.35% p.a., maturing on September 08, 2033.