IIFL Finance Plots Bold Move: Board to Weigh Fresh Non-Convertible Securities Issue for FY 2025-26

IIFL Finance Ltd issued a statement today that the company's Board of Directors will consider, during the financial year 2025-26, the issue of non-convertible securities. The issue is to be done in one or more tranches, possibly in private placement mode. The action is in line with the company's strategy of building its capital structure and diversifying funding sources in the face of a shifting financial market environment.

 

The firm has a history of accessing the debt market via issues of non-convertible debenture (NCD), which have witnessed robust investor interest in the past. The recent case in point was the IIFL Finance April 2025 NCD issue raising large amounts of capital with instruments rated AA/Stable by top-rated agencies. The new FY 2025-26 proposal is also expected to help support the firm's lending business and growth ambitions further, offering flexibility in meeting its funding needs.

 

Board meeting to consider the details of the planned issuance would be forthcoming with the quantum, timing, and structure to be announced after the necessary approvals, and investors and stakeholders are directed to wait with anticipation for updated information as IIFL Finance seeks further directions in sound financial management.

 

Source: MarketScreener