
IIFL Finance Board Approves Q4/FY26 Results, ₹10,000 Cr Fundraise, New Auditor
IIFL Finance Ltd's Board of Directors met on April 29, 2026, to approve the Audited Consolidated and Standalone Financial Results for the quarter and financial year ended March 31, 2026. The board also approved an enabling annual resolution to raise funds up to ₹10,000 Crores through Non-Convertible Securities on a private placement basis for FY 2026-27, subject to shareholder approval at the upcoming AGM. Additionally, Mr. Vinay Agrawal was appointed as Business Head - Loan Against Property, effective April 29, 2026. The board further approved the appointment of Shah Gupta & Co., Chartered Accountants, as Joint Statutory Auditor, alongside the existing auditor, pending AGM approval. Various regulatory disclosures related to financial results and fund utilization were also noted.
Key Highlights
- Board approved Audited Financial Results for Q4 and FY ended March 31, 2026.
- Enabled fund raising up to ₹10,000 Cr via NCDs for FY27, subject to AGM.
- Appointed Mr. Vinay Agrawal as Business Head - Loan Against Property.
- Shah Gupta & Co. appointed as Joint Statutory Auditor, pending AGM approval.