IIFL Finance Ltd approves ₹6,414.20 crore preferential issue at ₹602 per security, subject to approvals
- Issue comprises 8,55,48,173 compulsorily convertible preference shares and 2,10,00,000 warrants.
- Proposed investors include Ingot SG Pte. Ltd., associated with Blackstone, two Anchorage funds and promoter-group entities.
- EGM scheduled for 4 December 2026; authorised share capital to rise from ₹971.05 crore to ₹5,621.05 crore.
- Board approved redesignating Venkataraman Rajamani as a non-executive, non-independent director.