January 21, 2022
The Manager, | The Manager, |
Listing Department, | Listing Department, |
BSE Limited, | The National Stock Exchange of India Ltd., |
Phiroze Jeejeebhoy Tower, | Exchange Plaza, 5 Floor, Plot C/1, G Block, |
Dalal Street, | Bandra - Kurla Complex, Bandra (E), |
Mumbai 400 001. | Mumbai 400 051. |
Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Dear Sir/ Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that Finance Committee of the Board of Directors of the Company vide Resolution dated January 21, 2022 approved allotment of 100 Non- Convertible Debentures namely Secured Redeemable Non-Convertible Debenture -Series D15 of Face Value of INR 10 Lakhs each, for cash at par, aggregating to INR 10 Crores, on Private Placement Basis.
We request you to note the details of the aforesaid allotment as under:
Particulars | Secured Redeemable Non-Convertible Debenture -Series |
D15 | |
Type of Securities | Secured Redeemable Non-Convertible Debenture |
Type of Issuance | Private Placement |
Total Number of Non- | 100 |
Convertible Debentures | |
Size of Issue | Rs. 10,00,00,000 |
Proposed to be Listed | Yes |
Date of Allotment | January 21, 2022 |
Tenor | 120 months |
Name of Stock Exchange(s) | Wholesale Debt Market ("WDM") Segment of the |
National Stock Exchange of India Limited ("NSE"). | |
Coupon/Interest | 8.50% p.a. |
IIFL Finance Limited
CIN No.: L67100MH1995PLC093797
Corporate Office - 802, 8th Floor, Hub Town Solaris, N.S. Phadke Marg, Vijay Nagar, Andheri East, Mumbai 400069
Tel: (91-22) 6788 1000 .Fax: (91-22) 6788 1010
Regd. Office - IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, Thane Industrial Area, Wagle Estate, Thane - 400604 Tel: (91-22)
41035000. Fax: (91-22) 25806654 E-mail: csteam@iifl.com Website: www.iifl.com
Schedule | of | payment | of | Interest: January 21, 2023; January 21, 2024; January 21, | ||
Coupon/Interest and Principal | 2025; January 21, 2026; January 21, 2027; January 21, | |||||
2028; January 21, 2029; January 21, 2030; January 21, | ||||||
2031; January 21, 2032 | ||||||
Principal: January 21, 2032 | ||||||
Description of Security: First ranking pari passu charge | ||||||
by way of mortgage over identified immovable property | ||||||
of the Issuer and first ranking pari passu charge by way | ||||||
of hypothecation over all current and future loan | ||||||
receivables of the Issuer. | ||||||
Type of Charge: First ranking pari passu charge | ||||||
Security | ||||||
Date of Creation of Security: The Company has already | ||||||
created a security in terms of the debenture trust deed | ||||||
dated 1st October, 2018. | ||||||
Minimum Security Cover: 1 time over the outstanding | ||||||
principle portion along with accrued interest at any point | ||||||
of time during the tenor. | ||||||
Specialright/interest/privileges | Not Applicable | |||||
attached | to | the | Non- | |||
Convertible | Debentures | and | ||||
charges thereof. | ||||||
Delay | in | payment | of | Not Applicable | ||
interest/principal amount for a | ||||||
period of more than three | ||||||
months from due date or | ||||||
default in payment of interest | ||||||
/ principal | ||||||
Details | of | any | letter | or | Not Applicable | |
comments | regarding | |||||
payment/non-payment | of | |||||
interest, | principal | on | due | |||
dates, or any other matter | ||||||
concerning | the | security | and | |||
/or the assets along with its | ||||||
comments thereon, if any | ||||||
IIFL Finance Limited
CIN No.: L67100MH1995PLC093797
Corporate Office - 802, 8th Floor, Hub Town Solaris, N.S. Phadke Marg, Vijay Nagar, Andheri East, Mumbai 400069
Tel: (91-22) 6788 1000 .Fax: (91-22) 6788 1010
Regd. Office - IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, Thane Industrial Area, Wagle Estate, Thane - 400604 Tel: (91-22)
41035000. Fax: (91-22) 25806654 E-mail: csteam@iifl.com Website: www.iifl.com
Details of redemption | of | INR 10 Lakhs per Debenture on Maturity i.e. January 21, |
debentures | 2032 aggregating to INR 10 Crores. | |
This intimation is also uploaded on the website of the Company at www.iifl.com.
Request you to kindly take the above information on your record and disseminate the same on your website.
Thanking you,
Yours faithfully,
For IIFL Finance Limited
SNEHA | Digitally signed by SNEHA PATWARDHAN |
DN: c=IN, o=Personal, | |
2.5.4.20=35f2965f8d8bdfa92a36b7f320dc7a | |
PATWAR | 4ca8a7d6bebec0769c3ad8f02e0032e35b, |
postalCode=440001, st=MAHARASHTRA, | |
0d0ee454a00bb4657455660a2a608360fb10serialNumber=f1b1b3d68166c449942ed006 | |
DHAN | cb1c, cn=SNEHA PATWARDHAN, l=NAGPUR, |
pseudonym=3293403b04e84ed38b749b18 | |
613ce5de | |
Date: 2022.01.21 11:27:11 +05'30' |
__________________
Sneha Patwardhan
Company Secretary
IIFL Finance Limited
CIN No.: L67100MH1995PLC093797
Corporate Office - 802, 8th Floor, Hub Town Solaris, N.S. Phadke Marg, Vijay Nagar, Andheri East, Mumbai 400069
Tel: (91-22) 6788 1000 .Fax: (91-22) 6788 1010
Regd. Office - IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, Thane Industrial Area, Wagle Estate, Thane - 400604 Tel: (91-22)
41035000. Fax: (91-22) 25806654 E-mail: csteam@iifl.com Website: www.iifl.com
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
IIFL Finance Ltd. published this content on 21 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 January 2022 14:32:03 UTC.