IIFL Finance Ltd

IIFL Finance Limited has announced a change in its senior management. Mr. Anubhav Rajput has been appointed as the new Chief Technology Officer (CTO) and Senior Management Personnel, effective October 1, 2026. This appointment follows the resignation of the current CTO, Mr. Gaurav Sharma, who will step down on September 30, 2026, to explore new opportunities. Mr. Rajput brings over 26 years of experience in technology leadership, with a strong background in digital transformation and IT strategy within the financial services sector. His previous roles include CIO/CTO at PNB Housing Finance and CIO at Cholamandalam MS General Insurance and Niva Bupa Health Insurance.

IIFL Finance Limited has announced the allotment of 95 Perpetual, Unsecured, Listed, Rated, Non-Convertible Debentures (NCDs) worth ₹95 Crores (₹1 Crore each) under Series PDI-2. The allotment was approved by the Finance Committee of the Board of Directors on September 30, 2026, on a private placement basis. These NCDs are perpetual in nature, with a coupon rate of 9.90% per annum. The company has the option to exercise a call option after at least 10 years, subject to RBI approval. The NCDs are proposed to be listed on the National Stock Exchange of India Limited. In case of default in interest payment, an additional interest of 2% per annum will be charged.

IIFL Finance Limited has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in effect from October 1, 2026, and will remain open 48 hours after the company's unaudited financial results for the quarter and half-year ending September 30, 2026, are approved by the Board of Directors and filed with the stock exchanges. The exact date of the board meeting to approve these results will be communicated later. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct.

IIFL Finance Limited announced the allotment of 13,000 Secured, Listed, Rated, Redeemable, Non-Convertible Debentures (NCDs) worth INR 130 crore. The NCDs, Series D37 Reissue I, were issued on a private placement basis with a face value of INR 1,00,000 each. The debentures carry a coupon rate of 9.25% per annum and have a tenor of 2 years, with a maturity date of September 1, 2028. The issuance is secured by a first-ranking pari passu charge over the company's book debts, loans, and receivables related to its various loan portfolios. This move is part of the company's ongoing debt financing strategy.

IIFL Finance Limited has informed the stock exchanges about the resignation of two key senior management personnel: Mr. Binay Kumar Mishra, Head – Legal, and Mr. Vinay Agarwal, Business Head - Loan Against Property. Both individuals have resigned from their positions effective September 11, 2026, close of business hours. The stated reason for their departure is to explore new opportunities. The company has provided the necessary details as per SEBI Listing Regulations in the annexures to the filing.

IIFL Finance Limited announced the allotment of 2,500 Secured Listed Rated Redeemable Non-Convertible Debentures (Series D39) worth ₹25 Crores. The allotment was approved by the Finance Committee on September 09, 2026. These debentures have a face value of ₹1,00,000 each, a tenure of 2 years, and carry an interest rate of 9.10% per annum. The principal is redeemable on September 08, 2028. The issuance is on a private placement basis and the debentures are proposed to be listed on the National Stock Exchange of India Limited. The debentures are secured by a first ranking pari passu charge over specified book debts, loans, advances, and current assets of the company.

IIFL Finance Limited has issued a clarification to the stock exchanges regarding a news article suggesting Fairfax's potential exit to fund an IDBI Bank bid. The company explicitly denies any such negotiations or undisclosed information that could explain recent share price movements. IIFL Finance states that there have been no negotiations or events from their end concerning the news. They attribute the share price fluctuations to market sentiment or external factors beyond their control, confirming no undisclosed material information has impacted trading.

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.

IIFL Finance Limited has announced that Mr. Ramakrishnan Subramanian has completed his tenure as an Independent Director of the company. His cessation is effective September 5, 2026, close of business hours. The company's Board of Directors and Management have expressed their appreciation for his contributions during his association. As a consequence of his tenure completion, Mr. Subramanian has also ceased to be a member of various committees within the company. This disclosure is made pursuant to SEBI Listing Regulations.

IIFL Finance Limited announced the allotment of 35,000 Secured, Listed, Rated, Redeemable Non-Convertible Debentures (NCDs) of face value ₹1,00,000 each, aggregating to ₹350 Crores. The issuance, under Series D37, was conducted on a private placement basis and approved by the Finance Committee on September 02, 2026. These NCDs mature in 730 days from the allotment date, with a maturity date of September 01, 2028. The coupon rate is 9.25% per annum, with interest and principal payments scheduled for September 02, 2027, and September 01, 2028, respectively. The NCDs are secured by a first-ranking pari passu charge over specific book debts and current assets related to gold, MSME, real estate, and capital market loans.