IIFL Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/12/2025 ,inter alia, to consider and approve raising funds by issuance of Non-Convertible ....
IIFL · price
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IIFL Finance has informed the stock exchanges that a meeting of the Finance Committee of its Board is scheduled for December 22, 2025. The committee will consider and approve the terms and conditions for issuing Non-Convertible Debentures (NCDs) on a private placement basis. This is part of the company's earlier plan announced on May 8, 2025, to raise up to Rs. 10,000 crores through NCDs. No specific tranche size, coupon rate, or timeline for the issuance has been disclosed yet.
For shareholders, this signals that the company is continuing its large-scale borrowing plan to fund growth in its lending business. NCD issuance will increase the company's debt obligations but is a routine funding activity for an NBFC like IIFL Finance. Stock price impact is likely neutral unless the pricing or size of the tranche is materially different from market expectations.