IIFL Finance Board Clears ₹10,000 Crore Fundraising Enabling Resolution And GMTN Upsize

Board approved enabling resolution to raise up to ₹10,000 Cr via equity or eligible securities. GMTN Programme upsized to USD 2 bn from USD 1 bn. Borrowing limit enhanced to ₹75,000 Cr from ₹60,000 Cr. Vikas Jain appointed CFO replacing Kapish Jain who moves to Chief Strategy Officer role.