IIFL Finance Allots ₹100 Crore Subordinated NCDs on Private Placement

Mumbai: IIFL Finance Limited has allotted Non-Convertible Debentures worth ₹100 crore on a private placement basis.

The Finance Committee of the Board of Directors, vide resolution dated 8 September 2026, approved the allotment of 10,000 Subordinated, Unsecured, Listed, Rated, Redeemable Non-Convertible Debentures of face value ₹1,00,000 each, aggregating to ₹100 crore under Series D38.

Key terms of the issue

• Type: Subordinated, Unsecured, Listed, Rated, Redeemable NCDs

• Issue size: ₹100 crore

• Allotment date: 8 September 2026

• Maturity date: 8 September 2033 (7 years tenure)

• Coupon rate: 9.35% per annum

• Interest payment: Monthly, commencing from 30 September 2026

• Listing: Proposed on National Stock Exchange of India Limited

• Redemption: At face value of ₹1,00,000 per debenture on maturity

In case of any event of default (including delay in payment of interest or principal), additional interest at 2% p.a. over the coupon rate will be payable until the default is cured.

The disclosure was made under Regulations 30 and 51 of the SEBI Listing Regulations.