IIFL
IIFL Finance Limited
NSELast Traded Price
₹466.9
-10.35 (-2.16%)
Open
₹480.4
High
₹483.55
Low
₹462.65
Prev Close
₹478.35
Industry
Non Banking Financial Company (NBFC)
Market Cap
19903.55 Cr
Filing History
Recent corporate announcements and filings for IIFL
Business Update
Neutral
2026-05-29 19:25
IIFL Finance Limited announced that it will engage in investor calls, virtual meetings, physical meetings, and presentations with institutional investors and analysts, outside of India, from June 1, 2026, till June 05, 2026. No unpublished price-sensitive information will be shared during these meetings, and the schedule is subject to change.
Business Update
Positive
2026-05-29 13:39
IIFL Finance announced the allotment of 100 Perpetual Unsecured Listed Rated Debentures (NCDs) aggregating to INR 100,00,00,000 (INR 100 Crores) on a private placement basis. The debentures carry a coupon interest of 9.90% p.a. and are perpetual, with a call option after 10 years subject to RBI approval. The allotment date is May 29, 2026.
Business Update
Neutral
2026-05-26 11:19
IIFL Finance Limited has updated its existing Global Medium Term Note Programme and uploaded the Offering Circular on India International Exchange (IFSC) and NSE IFSC on May 26, 2026.
Ownership
Neutral
2026-05-21 16:57
IIFL Finance Limited, via its Nomination and Remuneration Committee, approved the allotment of 35,412 equity shares to employees on May 21, 2026, upon the exercise of stock options under the company's Employee Stock Option Scheme.
Governance
Negative
2026-05-21 16:10
CRITICAL RED FLAG DETECTED
IIFL Finance announced that the Reserve Bank of India (RBI) imposed a monetary penalty of ₹3,10,000 for non-compliance with certain provisions of the 'Master Direction - RBI (Non-Banking Financial Company – Scale Based Regulation) Directions, 2023'. The non-compliance stemmed from the failure to pay the surplus amount realized from the auction of pledged gold articles to certain borrowers. The company has already remitted the penalty to the RBI and stated that the penalty will have no material impact on its financial or operational activities.
Business Update
Positive
2026-05-16 16:32
IIFL Finance Limited's credit ratings were reaffirmed by Brickwork Ratings (BWR) and Infomerics. BWR reaffirmed 'AA+/Stable' for Non-Convertible Debentures (₹3,022.04 Cr) and Perpetual Debt Instruments (₹650 Cr), also assigning 'AA/Stable' for proposed PDI (₹200 Cr). Infomerics reaffirmed 'A1+' for proposed Commercial Paper (₹5,000 Cr) and 'AA/Stable' for PDI (₹650 Cr), assigning 'AA/Stable' for proposed PDI (₹200 Cr). The stable outlook on high ratings indicates strong creditworthiness.
Governance
Negative
2026-05-16 16:07
CRITICAL RED FLAG DETECTED
IIFL Finance Limited received an order from the Reserve Bank of India (RBI) imposing a penalty of ₹3.10 Lakh. This penalty is for failure to pay the surplus amount realized from the auction of pledged gold articles to certain borrowers, identified during the FY2024-25 inspection. The company clarified that this penalty has no material impact on its financial, operational, or other activities.
Business Update
Positive
2026-05-15 16:17
IIFL Finance announced that its Finance Committee approved the issuance of Listed, Unsecured, Non-Convertible Perpetual Debentures (NCDs) via private placement. The company plans to raise up to INR 200 crore through up to 200 NCDs, each with a face value of INR 1,00,00,000. These perpetual NCDs will be listed on the National Stock Exchange of India Limited.
Business Update
Positive
2026-05-13 18:41
IIFL Finance Limited re-purchased and cancelled Senior Secured Fixed Rate Notes due 2028, amounting to USD 12,615,301.22 (including accrued interest). This reduces the outstanding notes from USD 425,000,000 and was executed at a premium in compliance with regulations.
Business Update
Negative
2026-05-12 22:29
CRITICAL RED FLAG DETECTED
IIFL Finance Limited has received an assessment order from the Joint Commissioner of Income tax (OSD), Mumbai, raising a tax demand of Rs. 4,75,56,46,790/- under Section 158BC(1)(c) of the Income Tax Act, 1961. The demand covers the block period from April 01, 2018, to February 03, 2025. The company believes it has strong factual and legal grounds, expects no material financial or operational impact, and intends to pursue appeals against the order.
Business Update
Positive
2026-05-07 19:38
CRITICAL RED FLAG DETECTED
Management guided for FY27 overall AUM growth of 20-25%, with gold loan AUM also expected to grow 20-25% assuming stable gold prices. IIFL Home Finance is targeted for 18-20% AUM growth and 25-27% disbursement growth in FY27, focusing on affordable and emerging segments with higher yields of 12%+. Credit costs are projected to improve significantly to 1.5-1.7% (from 2.7-3% in FY26), and ROA is expected to increase to 3-3.5% (from 2.4%). Growth will be driven by secured lending, capital-efficient co-lending (targeting 40-45% of AUM), AI-led productivity initiatives, and expanded branch networks. The company aims for a leverage ratio of up to 4.5x and anticipates a potential credit rating upgrade to AA+ could reduce funding costs by 100-120 basis points. The outlook remains constructively positive.
Business Update
Positive
2026-05-01 01:12
IIFL Finance Limited's wholly-owned subsidiary, IIFL Fintech Private Limited, approved the acquisition of shares in Xtracap Fintech India Private Limited for approximately ₹37.7 Crore. Post-acquisition, IIFL Fintech will hold an 87.8% stake. This strategic move aims to expand IIFL's presence in supply chain financing, strengthen MSME lending capabilities, diversify its portfolio, and improve return metrics. Xtracap Fintech reported a turnover of ₹7.03 Crore for FY25.
Governance
Neutral
2026-04-29 15:55
IIFL Finance Limited's Board of Directors, at its meeting on April 29, 2026, approved the Audited Consolidated and Standalone Financial Results for the quarter and financial year ended March 31, 2026. The Board also approved raising funds up to ₹10,000 Crores by issuing Non-Convertible Securities, appointed Mr. Vinay Agrawal as Business Head - Loan Against Property, and appointed Shah Gupta & Co. as the Joint Statutory Auditor.
Financials
Positive
2026-04-29 15:55
The Board of Directors of IIFL Finance Limited approved the Audited Consolidated and Standalone Financial Results for the quarter and financial year ended March 31, 2026, with an unmodified auditor's opinion. The Board also approved an annual resolution to raise up to ₹10,000 Crores through Non-Convertible Securities on a private placement basis. Additionally, Mr. Vinay Agrawal was appointed as Business Head - Loan Against Property, and Shah Gupta & Co. was appointed as the Joint Statutory Auditor.
Financials
Positive
2026-04-29 15:49
IIFL Finance's Board Meeting on April 29, 2026, approved the Audited Consolidated and Standalone Financial Results for the quarter and financial year ended March 31, 2026. The Board also approved an annual resolution to raise up to ₹10,000 Crores for FY2026-27 by issuing Non-Convertible Securities via private placement. Additionally, Mr. Vinay Agrawal was appointed as Business Head - Loan Against Property, and Shah Gupta & Co. was appointed as the Joint Statutory Auditor.
Financials
Positive
2026-04-29 15:42
Consolidated Total Income ₹2,090 Cr vs ₹1,384 Cr (▲51% YoY), Pre-provision operating profit ₹1,172.7 Cr vs ₹651.2 Cr (▲80% YoY), PAT ₹623.2 Cr vs ₹251.4 Cr (▲148% YoY). Pre-provision operating profit margin 56.1% vs 47.0% (▲910bps). Consolidated AUM grew to ₹1,08,180 Cr, up 38% YoY, and Gross NPA improved to 1.5% (down 77 bps YoY).
Financials
Positive
2026-04-29 15:39
IIFL Finance Limited's Board of Directors, at its meeting on April 29, 2026, approved the Audited Consolidated and Standalone Financial Results for the quarter and financial year ended March 31, 2026, which received an unmodified audit opinion. The board also approved a resolution to raise up to ₹10,000 Crores through Non-Convertible Securities for FY27. Additionally, Mr. Vinay Agrawal was appointed as Business Head - Loan Against Property, and Shah Gupta & Co. was appointed as the Joint Statutory Auditor.
Financials
Neutral
2026-04-24 19:07
IIFL Finance announced an Earnings Conference Call on April 29, 2026, at 5:00 p.m. (IST) to discuss the financial performance for the quarter and year ended March 31, 2026.
Governance
Neutral
2026-04-02 22:07
Mr. Manish Mayank resigned as Business Head - Gold Loans (Senior Management Personnel) w.e.f. April 2, 2026, to pursue other career opportunities. Concurrently, Mr. Mayank Sharma was redesignated from Chief AI & Innovation Officer to Business Head - Gold Loans, effective April 2, 2026.
Business Update
Negative
2026-03-30 08:33
CRITICAL RED FLAG DETECTED
IIFL Finance announced the conclusion of the Income Tax Department's Special Audit, with the report submitted. The company continues to cooperate for the expeditious completion of ongoing block assessment proceedings.
Business Update
Positive
2026-03-25 19:31
IIFL Finance announced CRISIL assigned 'AA/Stable' to new ₹2,000 Cr NCDs and reaffirmed 'AA/Stable' for ₹9,500 Cr Bank Facilities and existing ₹10,531.53 Cr NCDs, alongside 'AA-/Stable' for Perpetual Bonds and 'A1+' for Commercial Paper, indicating strong creditworthiness.
Routine
Neutral
2026-03-25 11:59
IIFL Finance announced the closure of its trading window from April 01, 2026, for designated persons. This closure is in anticipation of the Audited Financial Results for the quarter and year ended March 31, 2026, and will remain in effect until 48 hours after the results are filed with Stock Exchanges.
Governance
Neutral
2026-03-20 20:39
IIFL Finance Limited held an Extra-Ordinary General Meeting (EGM) on March 20, 2026. Shareholders approved the Material Modification to the existing Material Related Party Transaction(s) with IIFL Home Finance Limited as an Ordinary Resolution, with 99.20% votes in favor.
Governance
Neutral
2026-03-20 20:16
IIFL Finance Limited held an Extra-Ordinary General Meeting (EGM) on March 20, 2026, to consider and approve a Material Modification to existing Material Related Party Transaction(s) with IIFL Home Finance Limited. Voting results are to be declared within two working days.
Ownership
Neutral
2026-03-18 15:21
IIFL Finance Limited, on March 18, 2026, approved the allotment of 4,357 Equity Shares to employees upon exercise of stock options under the Employee Stock Option Scheme.
Business Update
Positive
2026-03-10 11:33
IIFL Finance announced the allotment of 50,000 Senior, Secured, Listed, Rated, Redeemable Non-Convertible Debentures (Series D36) on a private placement basis, aggregating to INR 500 Crores. The debentures carry an interest rate of 8.60% p.a. and mature on March 24, 2027.
Business Update
Positive
2026-03-06 10:18
IIFL Finance announced the allotment of 1,02,16,391 Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) aggregating to ₹1,021.64 Crores on March 06, 2026, as part of its Tranche I public issue which had a limit of ₹2,000 Crores.
Routine
Neutral
2026-03-04 14:33
IIFL Finance clarified a March 4, 2026 news report about potential MFI deal talks with Piramal Finance, stating no discloseable information exists and attributes share price movements to market sentiment.
Routine
Neutral
2026-03-04 12:09
New Filing detected. See link for details.
Business Update
Neutral
2026-02-26 19:22
IIFL Finance Limited will engage in investor and analyst calls/meetings from March 02, 2026, to March 13, 2026. No unpublished price-sensitive information will be shared during these meetings.
Governance
Neutral
2026-02-26 00:33
An EGM will be held on March 20, 2026, to approve increasing the limit for Material Related Party Transactions with IIFL Home Finance Limited by ₹2,400 Cr, setting the cumulative limit to ₹5,492 Cr. These transactions will be at arm's length.
Business Update
Positive
2026-02-24 14:12
IIFL Finance's Finance Committee approved the issuance of Senior, Secured, Listed, Rated, Redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The company plans to issue up to 1,00,000 NCDs, aggregating up to INR 1,000 Crore, as approved on February 24, 2026.
Business Update
Positive
2026-02-16 17:47
IIFL Finance Limited announces a public issue of Secured, Rated, Redeemable Non-Convertible Debentures (NCDs) aggregating up to ₹2000 crore. The issue opens on February 17, 2026, and closes on March 04, 2026.
Routine
Neutral
2026-02-13 22:02
New Filing detected. See link for details.
Business Update
Positive
2026-02-13 01:47
IIFL Finance Ltd announced a proposed public issue of secured, rated, listed Non-Convertible Debentures (NCDs) to raise up to ₹2,000 crores. The issue opens February 17, 2026, and closes March 4, 2026, with a base size of ₹500 crores. Coupon rates range from 8.37% to 9.00% across various tenors.
Business Update
Neutral
2026-02-12 16:19
ICRA reaffirmed [ICRA]AA (Negative) for NCDs/debt & [ICRA]A1+ for Commercial Paper. CRISIL assigned AA/Stable to ₹2,000Cr NCDs and reaffirmed AA/Stable, AA-/Stable, A1+ for various facilities of IIFL Finance and its subsidiary.
Governance
Positive
2026-02-06 18:10
IIFL Finance Limited allotted 57,291 Equity Shares on February 06, 2026, to employees who exercised stock options under the company's Employee Stock Option Schemes.
Business Update
Neutral
2026-02-06 17:22
IIFL Finance Limited announced that the investor presentation for its Lenders & Analyst Meet, previously intimated on January 30, 2026, is now available on the company's website.
Governance
Positive
2026-02-05 23:30
IIFL Finance Limited members approved the enhancement of borrowing limits under sections 180(1)(c) and 180(1)(a) of the Companies Act, 2013 via postal ballot and remote e-voting on February 5, 2026, with requisite majority.