IIFL Finance 31st AGM proceedings held on July 24, 2026
IIFL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
IIFL Finance held its 31st AGM on July 24, 2026 via video conferencing with 67 members present. MD Nirmal Jain highlighted strong operational and financial recovery in FY25-26, improved asset quality, strengthened risk framework, and revival of the gold loan franchise. 15 resolutions were put to e-voting, including approval of audited financial statements, appointment of a director and joint statutory auditor, approval for issuance of non-convertible securities on private placement, commission to non-executive directors, material related party transactions with six subsidiaries, enhancement of borrowing limits, and raising of funds through QIP, FPO or other modes. Auditor's report had no qualifications. Voting results to be declared within two working days.
Key items to watch: potential equity fundraising via QIP/FPO and higher borrowing limits. Positive tone on recovery and gold loan revival.