BSEHighNeutral
Announced Thu, 3 Apr · 18:33 IST

Please find attached, pre issue advertisement along with corrigendum to tranche I prospectus dated March 29, 2025.

Fund Raising View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

IIFL Finance has issued a corrigendum to its Tranche I prospectus dated March 29, 2025, along with the pre-issue statutory advertisement dated April 02, 2025, for a public issue of secured, rated, listed, redeemable non-convertible debentures (NCDs) of face value ₹1,000 each. The Tranche I issue size is up to ₹500 crore, comprising a base issue of ₹100 crore plus a green shoe option of ₹400 crore, within an overall shelf limit of ₹2,500 crore. The corrigendum and advertisement have been published in Business Standard (English and Hindi) and Mumbai Lakshadeep (regional) as required under SEBI NCS regulations. The filing is procedural and is being made to comply with disclosure norms for the ongoing public NCD issue.

Likely market impact

For shareholders and prospective investors, this is a routine regulatory update confirming IIFL Finance's active NCD public issue is proceeding. No material change to the issue terms is indicated beyond the corrigendum; investors should review the corrigendum for any amendments to terms, coupon, or timelines before subscribing.