IFL Finance has informed that the Finance Committee of the Board of Directors of the Company vide Resolution dated January 16, 2025 approved allotment of: (i) 40,000 (Forty Thousand) senior, secured, rated, listed, redeemable non-convertible debentures of the face value of INR 1,00,000 (Indian Rupees One Lakh Only) each and aggregating to INR 4,00,00,00,000/- (Indian Rupees Four Hundred Crore Only) (‘Option A Debentures’ / ‘Secured Listed Rated Redeemable Non-Convertible Debentures - Series D29 Option A’); 40,000 (Forty Thousand) senior, secured, rated, listed, redeemable non-convertible debentures of the face value of INR 1,00,000/- (Indian Rupees One Lakh Only) each and aggregating to INR 4,00,00,00,000/- (Indian Rupees Four Hundred Crore Only) (Option B Debentures / Secured Listed Rated Redeemable Non-Convertible Debentures - Series D29 Option B); and 4,000 (Four Thousand) senior, secured, rated, listed, redeemable non-convertible debentures bearing face value of INR 1,00,000/- (Indian Rupees One Lakh Only) each and aggregating to INR 40,00,00,000/- (Indian Rupees Forty Crore Only (Option C Debentures / Secured Listed Rated Redeemable Non-Convertible Debentures - Series D29 Option C along with Option A Debentures and Option B Debentures shall hereinafter be collectively referred to as Debentures) under Series D29, in dematerialised form and on private placement basis.
The above information is a part of company’s filings submitted to BSE.