IIFL Finance plans ₹10,000 crore fund raise
after close1 source ↓written by the desknot a recommendation
- fundraising plan
- ₹10,000 crore
IIFL Finance Ltd. aims to bolster its capital base with a ₹10,000 crore fundraising plan, pending shareholder and regulatory approvals. The board approved various methods for this issuance, including public and rights issues, depending on market conditions. Additionally, the board increased its borrowing limits under the Global Medium Term Notes (GMTN) programme.
Not investment advice. For informational purposes only.