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The latest update is out from IIFL Finance Limited ( (IN:IIFL) ).
IIFL Finance Limited has called an Extraordinary General Meeting on March 20, 2026, to be held via video conferencing in line with regulatory provisions. The record date for e-voting has been set as March 13, 2026, to determine eligible shareholders.
At the EGM, shareholders will vote on a proposal to materially modify existing related-party transactions with subsidiary IIFL Home Finance Limited, raising the cumulative transaction limit by ₹2,400 crore to ₹5,492 crore. The expanded limit, to be used for ordinary-course, arm’s-length dealings, underscores IIFL Finance’s intent to deepen intra-group financing arrangements while remaining within the oversight framework of its audit committee and board.
More about IIFL Finance Limited
IIFL Finance Limited is an India-based non-banking financial company offering a range of lending and financial services. Through its subsidiaries, including IIFL Home Finance Limited, the group focuses on retail and housing finance, catering to individual and small business borrowers across the country.
Average Trading Volume: 143,142
Technical Sentiment Signal: Buy
Current Market Cap: 213.9B INR
For a thorough assessment of IIFL stock, go to TipRanks’ Stock Analysis page.