IIFL Finance News

RBI Imposes ₹3.10 Lakh Penalty on IIFL Finance

RBI penalised IIFL Finance ₹3.10 Lakh for failing to return surplus auction proceeds to borrowers, per FY25 inspection findings. No material financial impact reported.

IIFL Finance Plans ₹200 Crore Perpetual Debenture Issue

IIFL Finance's Finance Committee approved issuance of Listed, Unsecured, Non-Convertible Perpetual Debentures up to INR 200 crore via private placement on May 15, 2026.

SMALLCAP World Fund Cuts IIFL Finance Stake to 1.81%

SMALLCAP World Fund, Inc. sold 14,364,701 shares of IIFL Finance on 13 May 2026, reducing its stake from 5.2022% to 1.8147% via open market transactions.

IIFL Finance Repurchases USD 12.6M Senior Secured Notes

IIFL Finance repurchased and cancelled USD 12,615,301.22 of Senior Secured Fixed Rate Notes due 2028 under its USD 1,000,000,000 Global Medium Term Note Programme.

IIFL Finance Faces ₹4,75,56,46,790 Tax Demand

IIFL Finance received a tax demand of Rs.4,75,56,46,790 from the Joint Commissioner of Income Tax for the block period April 2018 to February 2025, and plans to appeal.