IIFL Finance approves NCD issuance up to Rs 125 cr

IIFL Finance has approved the issuance of up to 125 Unsecured Redeemable Non-Convertible Subordinated Debentures - Series D30 having face value of Rs 1 crore each aggregating Rs 125 crore (with a base issue size of Rs 100 crore and a green-shoe option to retain oversubscription up to Rs 25 crore) on private placement basis.

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