IIFL Finance to Acquire India Infoline Foundation

IIFL Finance Limited announced that its Board of Directors has approved the proposal to acquire India Infoline Foundation. The foundation is a company incorporated under Section 8 of the Companies Act, 2013, limited by guarantee and not having a share capital. The acquisition is subject to requisite statutory and regulatory approvals. The board also considered and approved the consolidated and standalone unaudited financial results for the quarter and half-year ended September 30, 2026. Additionally, Mr. R Venkataraman was re-designated from Joint Managing Director to Non-Executive Non-Independent Director, subject to member approval.