IIFL Finance Allots Non-Convertible Debentures Worth INR 1021,63,91,000 in Public Issue

IIFL Finance Limited has allotted 1,02,16,391 Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) of Face Value of INR 1,000/- each for cash at par, amounting to INR 1021,63,91,000. The NCDs are issued in 9 series with varying tenures and coupon rates. The allotment is in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The NCDs are proposed to be listed on BSE and NSE. The principal amount of the NCDs is secured by way of first ranking pari passu charge by way of hypothecation over the receivables of the Company.