ibl finance allotted 29 Non-Convertible Debentures (NCDs) aggregating Rs 29,00,000 on July 17, 2026, to raise funds through a private placement. The secured, unrated, taxable, redeemable NCDs carry a fixed coupon rate of 13.00% per annum and an additional 2% upfront interest payable within seven working days from the date of allotment. The issuance was approved by the Finance Committee at its meeting held on July 17, 2026, following prior authorization from the Board of Directors on July 16, 2025, and shareholder approval via a special resolution on August 22, 2025.

The NCDs, with a face value of Rs 1,00,000 each, have a tenure of 1027 days maturing on May 9, 2029. Interest payments will be made monthly. The instruments are secured by a charge created through the hypothecation of receivables and book debts, consisting of standard loan assets with a minimum security coverage of 1.05 times the loan amount. The company stated there are no special rights or privileges attached to the instruments and reported no delays in interest or principal payments exceeding three months.

In the event of a default in coupon or principal payment, the company will pay additional interest of at least 1% per annum over the coupon rate for the defaulting period. Furthermore, if the company fails to execute the trust deed within the period specified in the Companies Act, it will pay interest of at least 1% per annum over the coupon rate until the deed is executed. The disclosure was made to the National Stock Exchange of India Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Terms of Allotment

IBL Finance has published the Notice of its 9th Annual General Meeting in newspapers, confirming the meeting will be held on July 31, 2026. The notice was published in the English daily “Free Press” and the Gujarati daily “Lokmitra” on July 8, 2026. This publication is in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company has made the Annual Report for FY 2025-26 available to shareholders ahead of the meeting. The Notice of the 9th AGM and the Annual Report are being sent electronically to members whose email addresses are registered with the company or its Registrar & Share Transfer Agent. In compliance with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has provided a web-link for members whose email IDs are not registered.

Access to Documents

Shareholders can access the AGM Notice and Annual Report through the following paths on the company’s website:

Additionally, the documents are available on the National Stock Exchange of India Limited website and the NSDL e-voting portal. The letter to the exchange was submitted by Dilipbhai Chauhan, Company Secretary and Compliance Officer.