IIFLNSEIIFL Finance LimitedLowNeutral
Announced Fri, 20 Mar · 20:15 IST

IIFL Finance Limited has informed the Exchange regarding Proceedings of Extraordinary General Meeting held on March 20, 2026

Board & Shareholder Meetings View source PDF

IIFL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-3.9%1-day move
₹473.65
prior close
₹466.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.9-2.3-2.4-2.0-3.9-2.3-5.1-9.8-7.1-7.3+0.1-11.4+1.6+13.5
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AI summary

IIFL Finance Limited held its Extra-Ordinary General Meeting (EGM) on March 20, 2026, at 11:00 a.m. via Video Conferencing, attended by 62 members. The sole business item considered was the approval of a material modification to existing material related party transactions with IIFL Home Finance Limited, to be passed as an Ordinary Resolution. The meeting was chaired by Mr. Bibhu Prasad Kanungo, with promoter and Joint MD Mr. R Venkataraman and founder Mr. Nirmal Jain also present. Remote e-voting was conducted from March 16 to March 19, 2026, by MUFG Intime India, with M/s Nilesh Shah and Associates acting as Scrutinizer. The meeting concluded at 11:38 a.m., and voting results along with the Scrutinizer's Report are to be filed with BSE and NSE within two working days.

Likely market impact

This is a procedural disclosure of EGM proceedings; the actual outcome (whether shareholders approved the related party transaction modification with IIFL Home Finance) is pending and will be known when voting results are declared. Investors should watch for the result filing, as approval of material related party transactions signals continued financial linkages with the home finance subsidiary.