IIFL Finance up 8% after ADIA picks 20% in housing fin arm for Rs 2,200 cr
This is the second investment by ADIA in entities working in housing finance space in FY23. Last month, it concluded a deal to pick up 10% in HDFC Capital Advisors for Rs 184 cr
IIFL Finance Ltd - 532636 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Please find enclosed herewith press release dated June 09, 2022 titled 'IIFL Home Finance announces investment of INR 2,200 Cr for a 20% stake from a wholly owned subsidiary of ADIA'. The same has also been made available on the website of the Company, i.e. www.iifl.com. Kindly take above on record and oblige. IIFL Finance Ltd - 532636 - Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015
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. IIFL Finance Ltd - 532636 - Reply To The Letter Dated June 06, 2022 Seeking Clarification With Regards To News Item In 'Moneycontrol.Com'
With reference to your letter dated June 06, 2022 seeking clarification on the news item appearing in moneycontrol as 'ADIA lead suitor for 20% stake buy in IIFL Finance''s housing finance arm', we wish to provide clarification as attached Kindly take the same on record. Should you require any further information/clarification, feel free to get in touch with us. IIFL Finance Ltd - 532636 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to the Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you the attached schedule of Analysts/Institutional Investor Meeting: Note: Attached Schedule is subject to change due to any exigencies. The information already in public domain will be provided to the investors/ analysts. Kindly take the same on record and oblige. IIFL Finance Ltd - 532636 - Clarification sought from IIFL Finance Ltd
The Exchange has sought clarification from IIFL Finance Ltd on June 6, 2022, with reference to news appeared inwww.moneycontrol.com dated June 6, 2022, quoting "ADIA lead suitor for 20% stake buy in IIFL Finance''s housing finance arm"The reply is awaited. IIFL Finance Ltd - 532636 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to the Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you the attached schedule of Analysts/Institutional Investor Meetings. Note: Attached Schedule is subject to change due to any exigencies. The information already in public domain will be provided to the investors/ analysts. Kindly take the same on record and oblige. IIFL Finance Ltd - 532636 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to the Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the officials of the Company will participate in 'Motilal Oswal Ideation Conference' organized by Motilal Oswal Financial Service Limited on June 09, 2022. Note: The Schedule is subject to change due to any exigencies. The information already in public domain will be provided to the investors/ analysts. Kindly take the same on record and oblige. IIFL Finance Ltd - 532636 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
The Nomination and Remuneration Committee of the Board of Directors of the Company by way of Circular Resolution dated May 27, 2022 allotted 1,40,939 Equity Shares to the employee(s) on exercise of stock options under Employee Stock Option Scheme(s) of the Company. Upon allotment, the equity base of the Company stand increased from 37,95,98,711 to 37,97,39,650 Equity Shares having face value of Rs. 2/- each. Kindly take the same on record and oblige.
