IIFL Finance Ltd has announced that its Finance Committee will meet on February 24, 2026, to finalize the terms and conditions for issuing Non-Convertible Debentures (NCDs). The proposed fundraising plan, up to ₹10,000 crore, will be executed via private placement, strengthening the company’s capital base and growth strategy.
Key Highlights
Board Meeting Scheduled: IIFL Finance Ltd (NSE: IIFL.NS) disclosed that its Finance Committee of the Board of Directors will convene on February 24, 2026, to consider and approve the issuance of Non-Convertible Debentures (NCDs).
Fundraising Plan: The company aims to raise up to ₹10,000 crore through NCDs on a private placement basis, building on its earlier fundraising intimation made in May 2025.
Regulatory Filing: The announcement was made via a filing with the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on February 19, 2026, ensuring compliance with SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.
Strategic Purpose: The funds are expected to support business expansion, lending operations, and balance sheet strengthening, aligning with IIFL’s long-term growth vision.
Recent Developments: IIFL Finance also launched a public NCD issue worth ₹2,000 crore on February 17, 2026, offering yields up to 9% per annum with tenors ranging from 24 to 60 months. This dual-track fundraising highlights the company’s aggressive capital-raising strategy.
Investor Sentiment: Analysts view the move as a sign of robust demand for debt instruments, with IIFL leveraging both public and private channels to diversify funding sources.
Contextual Insights
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The NCD issuance underscores IIFL’s focus on scalable lending operations and financial resilience.
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Investors will closely monitor the February 24 meeting outcome for clarity on pricing, tenure, and allocation strategy.
Sources: Reuters, CNBC TV18, InvestyWise, Moneycontrol