IIFL Finance promoters confirm no encumbrance on shares in FY26
Promoters of IIFL Finance confirmed no encumbrance on shares during FY26. The disclosure under SEBI regulations covers 10.56 crore shares held by promoters and PAC members. The confirmation was submitted to stock exchanges on April 7, 2026.
*this image is generated using AI for illustrative purposes only.
Promoters of IIFL Finance confirmed that they and Persons Acting in Concert (PAC) did not create any encumbrance on their shareholding during the financial year ended March 31, 2026. This disclosure ensures that the shares held by the promoter group remain unpledged, providing stability to the company's ownership structure. The confirmation was submitted to BSE Limited and The National Stock Exchange of India Limited on April 7, 2026, in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The filing was made by Nirmal Bhanwarlal Jain and R Venkataraman, Promoters of IIFL Finance Limited. The disclosure covers the shareholding of the Promoters, Promoter Group Members, and PACs. The total number of shares covered under this confirmation stands at 10,56,74,667. The statement confirms that no direct or indirect encumbrance was made on these shares during the specified financial year.
Shareholding Details
The following table details the shareholding of the promoters and PACs as disclosed in the filing:
| Sr. No. | Name of Promoter & Promoter Group | Category | No. of Shares Held |
|---|---|---|---|
| 1. | Nirmal Bhanwarlal Jain | Promoter | 5,34,40,570 |
| 2. | Madhu N Jain | Promoter Group | 1,35,22,764 |
| 3. | R Venkataraman | Promoter | 1,23,01,441 |
| 4. | Mansukhlal Jain and Pritesh Ashwin Mehta (in their capacity as Trustees of Nirmal Madhu Family Private Trust) | Promoter Group | 1,11,11,111 |
| 5. | Aditi Avinash Athavankar (in her capacity as Trustee of Kalki Family Private Trust) | Promoter Group | 1,00,00,000 |
| 6. | Aditi Athavankar | Promoter Group | 2,22,222 |
| 7. | Ardent Impex Private Limited | Persons Acting in Concert | 36,32,115 |
| 8. | Orpheus Trading Private Limited | Persons Acting in Concert | 14,44,444 |
| Total | 10,56,74,667 |
The confirmation was addressed to the Listing Departments of both BSE Limited and The National Stock Exchange of India Limited. Copies of the disclosure were also forwarded to the Audit Committee and the Company Secretary & Compliance Officer of IIFL Finance Limited for their records.
Historical Stock Returns for IIFL Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.61% | -0.56% | +13.50% | -8.31% | +9.41% | +115.82% |
How will the unpledged status of promoter shares influence investor confidence and stock liquidity in the upcoming quarter?
What are the potential strategic plans for IIFL Finance given the stable ownership structure and lack of encumbrance on shares?
Could this disclosure signal a shift in regulatory compliance trends for other NBFCs regarding share pledging?
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