IIFL FINANCE – NCD ISSUE APPROVED

• 🏦 Finance Committee approves issuance of senior, unsecured, listed, rated, redeemable Non-Convertible Debentures (NCDs) on a private placement basis. • 💵 Total issue size: Up to ₹100 Cr (Base ₹25 Cr + Green Shoe option up to ₹75 Cr). • 📈 Listing: NCDs to be listed on the National Stock Exchange of India. • 📄 Terms: Details on tenure, allotment, maturity, coupon & payment schedule are in the Key Information Document. • ⚠️ Default Penalty: Additional 2% p.a. interest if payment delayed over 3 months.