Hot Pursuit     19-Apr-23
IIFL Securities board to mull fund raising on Apr 24
IIFL Securities said that its board is scheduled to meet on Monday, 24 April 2023 to consider issuance of secured or unsecured redeemable non-convertible debentures, in one or more tranches through private placement on an annual basis.
The board of directors of the company will also consider standalone and consolidated audited financial results for the quarter and year ended 31 March 2023.

IIFL Securities, along with its subsidiaries, offers advisory and broking services, financial products distribution, institutional research and investment banking services.

The company's consolidated net profit declined 25.1% to Rs 64.53 crore on 5.7% fall in total income to Rs 346.99 crore in Q3 FY23 over Q3 FY22.

The scrip shed 0.04% to currently trade at Rs 55.77 on the BSE.

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