IIFL Finance Plans ₹2,500-5,000 Crore Equity Raise
IIFL Finance plans to raise between ₹2,500 crore and ₹5,000 crore by selling a minority stake. The promoters may subscribe to warrants to limit dilution. Fairfax Financial Holdings is expected to sell its stake due to regulatory norms. These steps aim to strengthen IIFL's capital position and create synergies for IIFL Capital with IDBI Bank.
Economic Times·


