IIFL Finance Receives Credit Rating Reaffirmation from ICRA and New Assignment from CRISIL

1 min read     Updated on 12 Feb 2026, 04:46 PM
scanx
Reviewed by
Suketu GScanX News Team
Overview

IIFL Finance Limited received credit rating updates from ICRA Limited and CRISIL Ratings Limited on February 12, 2026. ICRA reaffirmed [ICRA]AA (Negative) ratings for NCDs, Subordinated Debt Programme, and Long-Term Bank Lines, with [ICRA]A1+ for Commercial Paper. CRISIL assigned AA/Stable to Rs.2,000 crore NCDs and reaffirmed various ratings including CRISIL AA/Stable for Bank Loan Facilities. IIFL Home Finance Limited, the company's material subsidiary, also received rating reaffirmations from ICRA across multiple debt instruments.

32440616

*this image is generated using AI for illustrative purposes only.

IIFL Finance Limited has received comprehensive credit rating updates from two prominent rating agencies, ICRA Limited and CRISIL Ratings Limited, as disclosed in a regulatory filing dated February 12, 2026.

ICRA Rating Reaffirmations

ICRA Limited has reaffirmed its credit ratings for IIFL Finance Limited across multiple debt instruments. The rating agency maintained its assessment with specific ratings for different financial products.

Instrument Type Rating
Non-Convertible Debentures [ICRA]AA (Negative)
Subordinated Debt Programme [ICRA]AA (Negative)
Long-Term Bank Lines [ICRA]AA (Negative)
Commercial Paper Programme [ICRA]A1+

CRISIL Rating Actions

CRISIL Ratings Limited took multiple rating actions for IIFL Finance Limited, including both new assignments and reaffirmations. The agency assigned a fresh rating to NCDs worth Rs.2,000 crore while maintaining its outlook on existing instruments.

Instrument Rating Action Rating
NCDs (Rs.2,000 Crore) Assigned AA/Stable
Bank Loan Facilities & NCDs Reaffirmed CRISIL AA/Stable
Long Term Principal Protected Market Linked Debentures Reaffirmed CRISIL PPMLD AA/Stable
Perpetual Bonds Reaffirmed CRISIL AA-/Stable
Commercial Paper Reaffirmed CRISIL A1+

Subsidiary Rating Updates

ICRA also updated ratings for IIFL Home Finance Limited, a material subsidiary of IIFL Finance Limited. The subsidiary received comprehensive rating reaffirmations across its debt portfolio.

IIFL Home Finance Instrument Rating
NCDs Programme [ICRA]AA (Negative)
Subordinated Debt Programme [ICRA]AA (Negative)
Long-term Bank Lines [ICRA]AA (Negative)
LT – Market linked Debenture PP-MLD[ICRA]AA (Negative)
Commercial Paper Programme [ICRA]A1+

Regulatory Compliance

The company disclosed these rating updates in compliance with Regulations 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The rating reports are available on the respective agencies' websites for detailed analysis and rationale.

The rating agencies have published detailed rationale reports on their websites, providing comprehensive analysis of the rating decisions for both IIFL Finance Limited and its subsidiary IIFL Home Finance Limited.

Historical Stock Returns for IIFL Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-0.49%+1.13%-19.45%+16.20%+52.06%+129.51%

IIFL Finance Allots 57,291 Equity Shares to Employees Under ESOP Exercise

1 min read     Updated on 06 Feb 2026, 06:39 PM
scanx
Reviewed by
Jubin VScanX News Team
Overview

IIFL Finance Limited allotted 57,291 equity shares to employees through the exercise of stock options under its Employee Stock Option Schemes. The Nomination and Remuneration Committee approved this allotment via Circular Resolution on February 06, 2026. The company duly informed BSE and NSE about this corporate action, maintaining regulatory compliance and transparency in its employee incentive programs.

31928957

*this image is generated using AI for illustrative purposes only.

IIFL Finance Limited has announced the allotment of 57,291 equity shares to employees following the exercise of stock options under its Employee Stock Option Schemes. The allotment was approved by the company's Nomination and Remuneration Committee through a Circular Resolution on February 06, 2026.

ESOP Allotment Details

The company informed both BSE Limited and The National Stock Exchange of India Limited about this corporate action through an official communication. The allotment represents the conversion of employee stock options into equity shares, providing employees with ownership stakes in the company.

Parameter: Details
Shares Allotted: 57,291 equity shares
Approval Date: February 06, 2026
Approving Authority: Nomination and Remuneration Committee
Approval Method: Circular Resolution
Beneficiaries: Company employees

Regulatory Compliance

The allotment was communicated to key regulatory bodies and stock exchanges as part of standard compliance procedures. IIFL Finance notified BSE Limited (Scrip Code: 532636) and The National Stock Exchange of India Limited (Symbol: IIFL) about the share allotment.

The communication was signed by Samrat Sanyal, Company Secretary & Compliance Officer, ensuring proper corporate governance and regulatory adherence. The company also informed India International Exchange (IFSC) Limited as part of its comprehensive disclosure process.

Corporate Structure

IIFL Finance Limited operates with its corporate office located at Hub Town Solaris, Andheri East, Mumbai, and registered office at IIFL House, Thane Industrial Area. The company maintains its commitment to transparent corporate governance through regular disclosures and compliance with regulatory requirements.

Historical Stock Returns for IIFL Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-0.49%+1.13%-19.45%+16.20%+52.06%+129.51%

More News on IIFL Finance

1 Year Returns:+52.06%