IIFL Finance : Corporate Governance Report as on September 30, 2020

			Quarterly Compliance Report on Corporate Governance
1.	Name of Listed Entity	:	IIFL Finance Limited (Formerly known as IIFL Holdings Limited) (Scrip Code: IIFL,532636)
2.	Quarter ending on	:	September 30, 2020

1. Composition of Board of Directors

Title

Name of the

PAN$ & DIN

Category

Initial Date

Date of Re-

Date of

Tenure *

Date of

No. of

No of

Number of

No of post

(Mr. /

Director

(Chairper

of

appointme

Cessati

Birth

directorshi

Independent

membersh

of

Ms.)

son

Appointme

nt

on

p in listed

Directorship

ips in

Chairperso

/Executiv

nt

entities

in listed

Audit/

n in Audit/

e/ Non-

including

entities

Stakehold

Stakehold

Executiv

this listed

including this

er

er

e/

entity

listed entity

Committee

Committee

independ

[in

[in reference

(s)

held in

ent /

reference

to proviso to

including

listed

Nominee)

to

regulation

this listed

entities

&

Regulation

17A(1)]

entity

including

17A(1)]

(Refer

this listed

Regulation

entity

26(1) of

(Refer

Listing

Regulation

Regulation

26(1) of

s)

Listing

Regulation

s)

Nirmal

Pan:

Chairpers

on &

Mr.

Bhanwarlal

ABRPJ9235G

18/10/1995

23/04/2020

NA

11/12/1966

3

0

1

0

Executive

-

Jain

Din: 00010535

Director

Pan:

Venkatarama

ADHPR6633G

Executive

Mr.

Din:00011919

05/07/1999

23/04/2020

NA

27/07/1967

4

0

4

1

n Rajamani

Director

-

Independ

Mr.

Pan:

ent

Arun Kumar

Director-

ADXPP9783F

10/03/2008

01/04/2019

78 months

14/05/1946

5

5

3

2

Purwar

Non

-

Din: 00026383

Executive

Director

Pan:

Independ

Mr.

Nilesh

AABPV3680Q

ent

11/02/2005

01/04/2019

-

78 months

16/08/1964

6

5

8

1

Vikamsey

Din: 00031213

Director-

Non

Executive

Director

Chandran

Pan:

Non-

Mr.

AURPR5569C

Executive

15/05/2012

10/08/2012

N.A.

11/05/1949

4

0

3

0

Ratnaswami

Din: 00109215

Director

-

Independ

Pan:

ent

Geeta

Director-

72

Ms.

AAKPM7380D

18/09/2014

18/09/2019

21/11/1966

7

7

9

4

Mathur

Non

-

Months**

Din:02139552

Executive

Director

Independ

Pan:

ent

Vijay Kumar

Director-

16

Mr.

AAAPC0599A

21/05/2019

30/09/2019

-

06/03/1946

4

4

6

5

Chopra

Non

Months***

Din: 02103940

Executive

Director

Nagarajan

Pan:

Non-

Mr.

AKUPS2721C

Executive

21/05/2019

30/09/2019

-

N.A.

08/08/1962

2

0

1

0

Srinivasan

Din: 01480303

Director

Whether Regular chairperson appointed -Yes

Whether Chairperson is related to managing director or CEO-No

$ PAN number of any director would not be displayed on the website of Stock Exchange.

• Category of directors means executive/non-executive/independent/Nominee. If a director fits into more than one category write all categories separating them with hyphen. * to be filled only for Independent Director. Tenure would mean total period from which Independent director is serving on Board of directors of the listed entity in continuity without any cooling off period.
  # Listed entities also include Companies having debt securities listed on recognized Stock Exchange.

**The tenure of Ms. Geeta Mathur is 72 Months 13 days. The tenure is calculated on the basis of "from the date of appointment till the quarter ended September 30, 2020".

• The tenure of Mr. Vijay Kumar Chopra is 16 Months 10 days. The tenure is calculated on the basis of "from the date of appointment till the quarter ended September 30, 2020".

II. Composition of Committees

	Name of Committee	Whether	Name of Committee	Category	Date of	Date of
		Regular	members	(Chairperson/Executive/Non-	Appointment	Cessation
		chairperso		Executive/independent/Nominee)
		n
		appointed
		Yes	Mr. Vijay Kumar Chopra	Independent -Non Executive Director-	21-05-2019	-
				Chairperson
	Audit Committee		Mr. Nagarajan Srinivasan	Non Executive Director	30-03-2020	-
			Ms. Geeta Mathur	Independent Director-Non Executive Director	05-05-2016	-
			Mr. Nilesh Vikamsey	Independent Director-Non Executive Director	11-02-2005	-
		Yes	Mr. Vijay Kumar Chopra	Independent Director -Non Executive Director	21-05-2019	-
				Chairperson
	Nomination & Remuneration Committee		Mr. Nilesh Vikamsey	Independent Director-Non Executive Director	11-02-2005	-
			Mr. Nagarajan Srinivasan	Non Executive Director	30-03-2020	-
			Mr. Arun Kumar Purwar	Independent Director-Non Executive Director	19-11-2010	-
		Yes	Mr. Arun Kumar Purwar	Independent Director-Non Executive Director -	21-10-2014	-
				Chairperson
			Mr. Nilesh Vikamsey	Independent Director-Non Executive Director	21-10-2014	-
			Ms. Geeta Mathur	Independent Director-Non Executive Director	28-05-2020	-
			Mr. Nagarajan Srinivasan	Non Executive Director	28-05-2020	-
	Risk Management Committee		Mr. Venkataraman	Executive Director	19-06-2020	-
		Rajamani
			Mr. Anujeet Kudva	Chief Risk Officer	28-05-2020	-
		Yes	Mr. Arun Kumar Purwar	Independent Director-Non Executive Director-	06-12-2017	-
				Chairperson
	Stakeholders Relationship Committee		Mr. Nirmal Jain	Executive Director	23-10-2007	-
		Mr. Venkataraman	Executive Director	27-01-2005	-
			Rajamani
			Mr. Nirmal Jain	Executive Director- Chairperson	29-03-2014	-
	Corporate Social Responsibility
	Yes	Mr. Venkataraman	Executive Director	29-03-2014	-
	Committee
		Rajamani
			Mr. Nilesh Vikamsey	Independent Director-Non Executive Director	29-03-2014	-

&Category of directors means executive/non-executive/independent/Nominee. if a director fits into more than one category write all categories separating them with hyphen

* Mr. Arun Kumar Purwar was appointed as the member of the Risk Management Committee w.e.f. October 21, 2014,on May 28, 2020 he was appointed as the Chairperson of the said Committee.

1. Meeting of Board of Directors

Date(s) of Meeting (if	Date(s) of Meeting (if	Whether	Number of	Number of	Maximum gap
any) in the previous quarter	any) in the relevant	requirement of	Directors present*	independent	between any
	quarter	Quorum met*		directors present*	two consecutive (in
					number of days)
May 28, 2020	July 21, 2020	Yes	8	4	31 days
June 05, 2020
June 07, 2020
June 19, 2020

* to be filled in only for the current quarter meetings