General Announcement::Intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015

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
10-Jun-2022 01:01:25
Status
New
Announcement Sub Title
Intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015
Announcement Reference
SG220610OTHRK3XO
Submitted By (Co./ Ind. Name)
IIFL Finance Limited/Sneha Patwardhan
Designation
Company Secretary
Effective Date and Time of the event
09/06/2022 17:00:00
Description (Please provide a detailed description of the event in the box below)
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors of IIFL Finance Limited (Company) as well as the Board of Directors of IIFL Home Finance Limited ( Subsidiary Company ), a material subsidiary of the Company, at its meeting held today, i.e. June 09, 2022 has approved the transaction involving investment by a wholly owned subsidiary of Abu Dhabi Investment Authority (Investor) in the Subsidiary Company (Transaction).

Upon completion of the Transaction, the Investor will hold 20% of the share capital (calculated on a fully diluted) of the Subsidiary Company and resultantly, the present shareholding of the Company in the Subsidiary Company will get diluted. The completion of the Transaction is subject to requisite approvals.

Kindly take above on record and oblige.

Attachments

Post Intimation_Final.pdf
Total size =588K