IIFL Finance Limited has scheduled a board meeting for June 27, 2026, to consider raising funds through the issuance of equity shares or other eligible securities. The meeting aims to approve capital raising strategies in one or more tranches via public issues, rights issues, preferential issues, private placements, or qualified institutions placements. The board will also evaluate the upsizing of the existing Global Medium Term Note Programme.

The proposed fund raising will be conducted in accordance with the Companies Act, 2013, and the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The issuance of securities is subject to necessary regulatory and statutory approvals, as well as the approval of the company's members.

In compliance with the company's code of conduct, the trading window will remain closed for designated persons and their immediate relatives until 48 hours after the conclusion of the board meeting. The intimation was submitted by Samrat Sanyal, Company Secretary & Compliance Officer.

IIFL Fintech Private Limited, a wholly-owned subsidiary of IIFL Finance , has completed the acquisition of Xtracap Fintech India Private Limited. The transaction was finalized on June 12, 2026, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

As a result of the acquisition, IIFL Fintech now holds 89.69% of the paid-up share capital of Xtracap. Consequently, Xtracap has been classified as a step-down subsidiary of IIFL Finance Limited.

The acquisition follows an earlier intimation dated May 1, 2026, regarding the proposed transaction. IIFL Fintech was formerly known as IIFL Open Fintech Private Limited.

Transaction Details

The intimation was submitted by Samrat Sanyal, Company Secretary & Compliance Officer of IIFL Finance Limited.