IIFL Finance Limited announced that Mr. Arun Kumar Purwar and Mr. Nilesh Shivji Vikamsey have completed their second term as Independent Directors of the Company on March 31, 2024 and consequently ceased to be Independent Directors of the Company effective March 31, 2024, close of business hours. Further, as already informed by the Company to the exchanges on March 26, 2024, The company also informed that Mr. Purwar has been appointed as an Additional Non-Executive Non-Independent Director of the Company effective from April 1, 2024, considering his ongoing participation, leadership and mentorship would be invaluable in guiding the Company to achieve its strategic objectives and navigating the next phase of growth.