IIFL Finance Limited

IIFL Finance Limited has entered into three subscription agreements with Ingot SG Pte. Ltd., Anchorage Capital Scheme II & III, and promoters Nirmal Bhanwarlal Jain, Venkataraman Rajamani, and Ardent Impex Private Limited, involving the issuance of shares and warrants. Ingot SG Pte. Ltd. will receive protective rights, including board representation and approval rights for certain key decisions, while Anchorage Capital and the promoters will become public shareholders. The transactions, conducted at arm’s length, are not expected to result in a change of control for IIFL Finance and do not grant any special rights to Anchorage Capital. The agreements are subject to shareholder and regulatory approvals, with total consideration amounting to approximately INR 903,00,00,000 for Mr. Jain, INR 270,90,00,000 for Mr. Rajamani, and INR 90,30,00,000 for Ardent Impex.

IIFL Finance Limited is raising capital through a preferential issue of shares and warrants to a group of investors and promoters, according to recently filed agreements. Ingot SG Pte. Ltd. will receive 8,305,647 subscription shares and is granted significant influence over the company’s governance, including the right to nominate directors to the board and certain reserved matters approval rights. Anchorage Capital Schemes II and III will receive Compulsorily Convertible Preference Shares, while promoters Nirmal Bhanwarlal Jain, Venkataraman Rajamani, and Ardent Impex Private Limited will receive warrants with an exercise price of INR 602 per share. The transactions, which do not alter existing control of the company, are considered related party transactions and are intended to be conducted at arm’s length.

IIFL Finance Limited has entered into three subscription agreements involving the issuance of shares and warrants, totaling INR 60,00,00,00,756. The agreements, subject to regulatory and shareholder approvals, include the issuance of 8,30,56,478 Compulsorily Convertible Preference Shares to Ingot SG Pte. Ltd., granting the investor the right to nominate directors and approve certain key decisions. Anchorage Capital Scheme II & III will receive 9,96,678 and 14,95,017 Anchorage 1 and 2 Shares respectively. Additionally, warrants have been issued to promoters Nirmal Bhanwarlal Jain, Venkataraman Rajamani, and Ardent Impex Private Limited, with a price of INR 602 per warrant, requiring an upfront investment of 25% of the subscription amount. The company stated that the transactions will not result in a change of control and that all parties involved will remain public shareholders or part of the promoter group.

IIFL Finance Ltd announced that Crisil Ratings Limited (“Crisil”) has reaffirmed its long-term rating as Crisil AA/Stable for Bank Loan Facilities and Non-Convertible Debentures, Crisil PPMLD AA/Stable for Long Term Principal Protected Market Linked Debentures, and Crisil A1+ for Commercial Paper, with no enhancements, assignments, or withdrawals reported; the ratings are hosted on Crisil’s website at https://www.crisilratings.com/mnt/winshare/Ratings/RatingList/RatingDocs/IIFLFinanceLimited_Novembe r%2006_%202026_RR_409712.html, and pertain to the instruments listed.

IIFL Finance Limited will hold a board meeting on November 10, 2026, to discuss growth plans and consider raising funds through debt, rights issue, preferential issue, qualified institutions placement, or a combination thereof, potentially including equity shares, warrants, and debt securities. The company may also convene an extraordinary general meeting to seek member approval for the fund raising, and a trading window for designated persons will be closed until 48 hours after the board meeting concludes.

IIFL Finance Limited announced that its Nomination and Remuneration Committee has approved the allotment of 1,97,523 equity shares to eligible employees upon the exercise of stock options under the company’s Employee Stock Option Scheme.

IIFL Finance Ltd share price ticked higher by 0.60% to Rs 598.5 after the company's net profit improved by 12.88% to Rs 805.01 crore, while revenue from operations improved marginally 8.35% to Rs 4246.45 crore in Q3FY26 over Q2FY26. The market capitalization of Non Banking Financial Company (NBFC) industry group stocks on BSE stood at Rs 19.11 lakh crore, rising 8.07%. It has inched up 0.52% over last one week and retreating 9.06% in last one month while the market capitalization of IIFL Finance Ltd has marginally improved by 0.14% and 8.16% in the same period respectively. Profit before tax (PBT) of IIFL Finance Ltd stood at Rs 1073.67 crore in Q3 FY26, rallying 92.87% year-on-year, and surging by 15.62% quarter-on-quarter. EBITDA came in at Rs 1134 crore, expanding by 90.21% YoY and rising by 14.95% sequentially. Total expenses grew marginally by 6.06% to Rs 3174.54 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 573.75 crore, registering a marginal contraction of 4.29% YoY. For the TTM ended FY26, revenue from operations surged 30.75% to Rs 13350.8 crore, while net profit saw a strong growth of 214.22% to Rs 1816.7 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 145079% to Rs 2573.14 crore, and PBT jumped 240.67% to Rs 2408.58 crore compared to previous TTM. IIFL Finance Ltd soared by 18.22% in last one year, significantly outperforming the benchmark BSE Sensex which has reduced by 10.04% during the same period.

IIFL Finance Ltd share price slipped 3.17% to Rs 594.95. The Company's net profit expanded by 12.88% to Rs 805.01 crore, while revenue from operations slightly gained 8.35% to Rs 4246.45 crore in Q3FY26 over Q2FY26. The market capitalization of Non Banking Financial Company (NBFC) industry group stocks on BSE stood at Rs 19.11 lakh crore, gaining 7.53%. It has marginally improved by 1.42% over last one week and dropped by 9.38% in last one month while the market capitalization of IIFL Finance Ltd has inched up 3.03% and 7.52% in the same period respectively. Profit before tax (PBT) of IIFL Finance Ltd stood at Rs 1073.67 crore in Q3 FY26, rallying 92.87% year-on-year, and surging by 15.62% quarter-on-quarter. EBITDA came in at Rs 1134 crore, jumping 90.21% YoY and advancing by 14.95% sequentially. Total expenses grew marginally by 6.06% to Rs 3174.54 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 573.75 crore, registering a marginal contraction of 4.29% YoY. For the TTM ended FY26, revenue from operations surged 30.75% to Rs 13350.8 crore, while net profit jumped 214.22% to Rs 1816.7 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 145079% to Rs 2573.14 crore, and PBT soared 240.67% to Rs 2408.58 crore compared to previous TTM. IIFL Finance Ltd rallied 22.71% in last one year, significantly outperforming the benchmark BSE Sensex which has reduced by 11.27% during the same period.

IIFL Finance Limited submitted a certificate to the BSE Limited and the National Stock Exchange of India on October 13, 2026, detailing confirmations received from MUFG Intime India Private Limited, formerly Link Intime India Private Limited, regarding dematerialization of securities for the quarter ended September 30, 2026.

IIFL Finance Limited will hold a board meeting on Thursday, October 15, 2026, to consider and approve the consolidated and standalone unaudited financial results for the quarter and half-year ended September 30, 2026, and other business matters.