IIFL Finance Limited announced that at the board meeting held on March 20, 2024, approved allotment of 50,000 (Fifty Thousand) Non-Convertible Debentures namely Secured Redeemable Non-Convertible Debentures­ Series D25 of Face Value of INR 100,000 (Rupees One Lakh) each, for cash at par, aggregating to INR 5,000,000,000 (Rupees Five Hundred Crores) on Private Placement Basis. Tenor is 3 Years or 36 Months. Date of Allotment is March 20, 2024.

Coupon/Interest is 9.50% per annum.