IIFL Finance Ltd

IIFL Finance Limited has announced the uploading of a pricing supplement for its USD 500,000,000, 7.60% p.a. Fixed Rate, Senior, Secured Notes due 2029. These notes are part of the Company's USD 1,000,000,000 Global Medium Term Note Programme. The supplement has been filed on India International Exchange (IFSC) Limited and NSE IFSC Limited, as per SEBI regulations. This action is a procedural step related to the existing debt issuance under Regulation S and/or Rule 144A of the U.S. Securities Act 1933.

IIFL Finance Limited has successfully allotted USD 500,000,000 in Fixed Rate Senior Secured Notes due 2029. This issuance is part of the company's USD 1,000,000,000 Global Medium Term Note Programme. The notes carry a coupon rate of 7.60% per annum, payable semi-annually, and are secured by a first-ranking pari passu charge over receivables and certain other assets. The proceeds will be used for onward lending and business growth in line with the company's Social Financing Framework and ECB Regulations. The notes are rated B+ by Fitch and S&P and will be listed on India International Exchange (IFSC) Limited and NSE IFSC Limited.

IIFL Finance Limited's Finance Committee has approved the pricing, tenure, and terms for issuing fixed rate, senior, secured notes worth USD 500,000,000. These notes are part of the company's USD 1,000,000,000 Global Medium Term Note Programme. The issuance is slated for June 10, 2026, with a maturity date of September 10, 2029. The notes will carry a coupon of 7.60% per annum, payable semi-annually. Proceeds will be used for onward lending and business growth in line with the ECB Regulations and the Company's Social Finance Framework. The notes will be listed on India International Exchange IFSC Limited and NSE IFSC Limited.

IIFL Finance Limited has announced a change in its senior management. Mr. Amlan Singh, Head of Operations and Customer Service, has resigned from his position, effective June 02, 2026. The company has provided details as per SEBI Listing Regulations, and Mr. Singh's resignation letter is enclosed. He cited exploring new opportunities as the reason for his departure.

IIFL Finance Limited has announced the allotment of 100 Perpetual, Unsecured, Listed, Rated, Debentures in the nature of Non-Convertible Debentures (NCDs) with a face value of ₹1,00,00,000 each, aggregating to ₹100,00,00,000. These NCDs, designated as Series PDI-1 2027, are in dematerialized form and issued on a private placement basis. The allotment was approved by the Finance Committee of the Board of Directors on May 29, 2026. The NCDs are perpetual with a coupon rate of 9.90% p.a., and the first interest payment is scheduled for May 29, 2027. A call option is available to the company after 10 years, subject to RBI approval. The NCDs will be listed on the National Stock Exchange of India Limited.

IIFL Finance Limited has updated its existing Global Medium Term Note Programme. The Offering Circular was uploaded on May 26, 2026, on India International Exchange (IFSC) Limited (“India INX”) and NSE IFSC Limited (“NSE IFSC”) and is available on their respective websites.

IIFL Finance Limited has been penalized ₹3,10,000 by the Reserve Bank of India (RBI) for non-compliance with provisions of the ‘Master Direction- Reserve Bank of India (Non-Banking Financial Company – Scale Based Regulation) Directions, 2023’. The penalty was imposed due to deficiencies observed during the statutory inspection related to the financial position as of March 31, 2025, specifically the failure to pay surplus amounts from auctioned pledged gold articles to certain borrowers. IIFL Finance has remitted the penalty to RBI and confirmed the same.

IIFL Finance Ltd has been penalized ₹3.10 Lakh by the Reserve Bank of India (RBI) due to non-compliance issues identified during the RBI inspection for the financial year ending March 31, 2025. The penalty was imposed under Section 58G(1)(b) read with section 58B(5)(aa) of the RBI Act, 1934. The violation pertains to the failure to pay the surplus amount from pledged gold auctions to certain borrowers. IIFL Finance states that the penalty will not have a material impact on the company's financial or operational activities.

IIFL Finance Limited announced the issuance of Listed, Unsecured, Non-Convertible Perpetual Debentures (NCDs) on a private placement basis. The Finance Committee approved the terms and conditions for issuing up to 200 NCDs, totaling up to ₹200 crore. These debentures will be listed on the National Stock Exchange of India Limited. The tenure is perpetual, with coupon/interest and principal payment schedules as per the Key Information Document. In case of delay in payment of interest/ coupon and/ or redemption of principal on the due dates, the Company shall pay additional interest @ 2% p.a.

SMALLCAP World Fund, Inc. has decreased its shareholding in IIFL Finance Ltd. from 5.2022% to 1.8147%, representing a sale of 14,364,701 shares. This transaction was executed through the open market on May 13, 2026. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Post-sale, SMALLCAP World Fund, Inc. holds 7,717,532 shares in IIFL Finance Ltd.