IIFL Finance Allots ₹100 Cr Non-Convertible Debentures

IIFL Finance Limited has announced the allotment of 10,000 Subordinated, Unsecured, Listed, Rated, Redeemable Non-Convertible Debentures (NCDs) under Series D38. The issuance, conducted on a private placement basis, aggregates to ₹100 Crores. These NCDs have a face value of ₹1,00,000 each and a tenure of 7 years, with a coupon rate of 9.35% per annum. Interest will be paid monthly, and the principal will be redeemed on September 8, 2033. The Finance Committee of the Board of Directors approved this allotment on September 8, 2026. The NCDs are proposed to be listed on the National Stock Exchange of India Limited.