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The latest announcement is out from IIFL Finance Limited ( (IN:IIFL) ).
IIFL Finance Limited has initiated a postal ballot process to seek shareholder approval via remote e-voting for two special resolutions aimed at enhancing the company’s borrowing limits under Sections 180(1)(c) and 180(1)(a) of the Companies Act, 2013. The ballot, conducted electronically through MUFG Intime India Private Limited between January 7 and February 5, 2026, signals the company’s intent to secure greater financial flexibility for future funding requirements, potentially supporting balance-sheet expansion and growth plans while formally aligning its capital-raising capacity with statutory approvals from shareholders.
More about IIFL Finance Limited
IIFL Finance Limited is a Mumbai-headquartered non-banking financial services company engaged in lending and related financial activities, with its equity shares listed on BSE and the National Stock Exchange of India. The company operates through a network of corporate and registered offices, serving a broad base of retail and other borrowers across India.
Average Trading Volume: 79,264
Technical Sentiment Signal: Buy
Current Market Cap: 272.2B INR
See more insights into IIFL stock on TipRanks’ Stock Analysis page.