IIFL Finance to Hold Meeting on March 13 for NCD Issuance Approval

IIFL Finance Limited is set to convene a meeting on March 13 to finalize terms for the issuance of Non-Convertible Debentures (NCDs). This move aligns with the company's strategy to raise capital through debt instruments, leveraging its strong credit ratings. IIFL Finance has previously issued NCDs with favorable ratings from CRISIL and ICRA, indicating a high degree of safety regarding timely servicing of financial obligations. The upcoming meeting will outline specifics of the new NCD issuance, including terms and conditions.

 

Sources: BSE India, NSE India, IIFL Finance