IIFL Finance Limited announces preferential issue of shares and amendments on Nov 10, 2026
IIFL Finance · Finance
Key highlights
- Board approved raising authorised share capital from INR 971,05,00,000 to INR 5621,05,00,146, subject to shareholder approval.
- Preferential issue of 8,55,48,173 compulsorily convertible preference shares (CCPS) to Ingot SG Pte. Ltd. and two Anchorage funds, plus 2,10,00,000 warrants to three promoter entities.
- EGM on December 4, 2026 at 11:00 a.m. to approve the issue, AOA amendments, special rights to Investor 1 and redesignation of Venkataraman Rajamani.
Why it's rated notable: the amount is 24% of market value (20% to 50%)
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Board Meeting Outcome for IIFL Finance Limited Has informeds Regarding Outcome Of Board Meeting Dated November 10, 2026
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from IIFL Finance
- Board / shareholder meeting outcomeNotableIIFL Finance approves preferential issue of shares and warrants, calls EGM for approvals
- Fundraise / allotmentNotableIIFL Finance to raise ₹6,414 crore in primary equity infusion led by Blackstone
- Acquisition / mergerMajor developmentIIFL Finance Q2 PAT ₹805.01 crore; Joint MD re-designation awaits members' approval
- Acquisition / mergerMajor developmentIIFL Finance Sept 2026 results; R Venkataraman re-designation awaits members' approval
- Credit ratingNotableIIFL Finance Limited's Credit Rating Upgraded by Fitch Ratings to 'BB-'
Other fundraise / allotment filings this fortnight
- Bajaj Finserv subscribes to 5,74,25,740 Bajaj Finance warrants at ₹1,010 each
- Supreme Engineering allots 14,50,00,000 warrants at ₹2.60 on preferential basis
- Bajaj Finance Limited allots 5.74 crore warrants to Bajaj Finserv on 10 Nov 2026
- Bajaj Finance approves preferential issue of 5.74 crore warrants to Bajaj Finserv
- Chaman Metallics Limited announces H1 FY27 financial results and proposed Rights Issue
- Harmony Capital Services receives BSE approval for preferential issue of shares
Potential multibaggers · Q2 FY27
Potential multibaggers in Finance
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.