General Announcement::Outcome of the Board Meeting held on April 26, 2023

Issuer & Securities

Issuer/ Manager
IIFL FINANCE LIMITED
Securities
IIFL FINANCE US$400M5.875%N230420 - XS2113454115 - Y5BB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
26-Apr-2023 22:28:48
Status
New
Announcement Sub Title
Outcome of the Board Meeting held on April 26, 2023
Announcement Reference
SG230426OTHRHEJF
Submitted By (Co./ Ind. Name)
IIFL Finance Limited/Sneha Patwardhan
Designation
Company Secretary
Effective Date and Time of the event
26/04/2023 17:00:00
Description (Please provide a detailed description of the event in the box below)
Pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ( Listing Regulations ) (as amended from time to time), the Board of Directors of the Company at their meeting held today, inter-alia considered and approved:

1. Standalone and Consolidated Audited Financial Results of the Company for the quarter and year ended March 31, 2023;

2. Enabling annual resolution for raising funds through issue of Non-Convertible Debentures, on a private placement basis, upto a limit of Rs. 10,000 crores, subject to approval of the members at the ensuing Annual General Meeting ( AGM ) of the Company;

3. Material Related Party Transactions, subject to the approval of the members at the ensuing AGM;

4. Based on the recommendation of Audit Committee, appointment of M/s. Sharp & Tannan Associates, Chartered Accountant (Firm Registration No: 109983W) as the Joint Statutory Auditors of the Company to audit financial statements of the Company along with the existing Statutory Auditors M/s. Chhajed & Doshi, Chartered Accountant (Firm Registration No. 101794W) pursuant to the applicable provisions of the Companies Act, 2013, Reserve Bank of India guidelines and subject to approval of the members of the Company.

The detail as required under Regulation 30 of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015, is enclosed as Annexure- 1.

5. Amendment to the Existing Employee Stock Option Scheme- 2008 ( ESOP Scheme )

The results have been uploaded on the Stock Exchange websites at https://www.nseindia.com and https://www.bseindia.com and on the website of the Company at http://www.iifl.com.

The Meeting of Board of Directors commenced at 10:30 a.m. and concluded at 5:05 p.m.

Attachments

OutcomeMarch312023.pdf
Total size =3930K