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IIFL Finance Limited ( (IN:IIFL) ) just unveiled an announcement.
IIFL Finance Limited has announced the approval of a public issue of secured, rated, listed, redeemable non-convertible debentures with a shelf limit of up to Rs. 2,000 Crore. This strategic move is expected to enhance the company’s capital base and support its growth initiatives, subject to necessary regulatory approvals.
More about IIFL Finance Limited
IIFL Finance Limited operates in the financial services industry, providing a range of financial products and services, including loans, mortgages, and investment opportunities. The company focuses on offering secured and unsecured loans to retail and corporate clients, positioning itself as a key player in the Indian financial market.
Average Trading Volume: 72,205
Technical Sentiment Signal: Buy
Current Market Cap: 227.6B INR
See more data about IIFL stock on TipRanks’ Stock Analysis page.