Business Update18 Oct 2023, 10:14 pm
IIFL Finance Ltd Board Approves Fund Raising of Up to Rs 3000 Cr
AI Summary
The Board of Directors of IIFL Finance Ltd has approved the raising of funds up to Rs 3000 cr through various means, subject to regulatory approvals. The company has also approved investment in its material subsidiary, IIFL Samasta Finance Limited, for an amount up to Rs 200 cr. The financial results for the quarter and half year ended September 30, 2023 have been uploaded on the stock exchanges and the company's website.,
Key Highlights
- Rs 3000 cr fund raising
- Material subsidiary investment
- Financial results uploaded