Multibagger stock: Non-banking financial company (NBFC) firm, IIFL Finance shares closed nearly 3% higher after Wednesday’s stock market session, after the board of directors approved a ₹2,000 crore fundraise move through the issuance of non-convertible debentures (NCDs).
“The Board of Directors of the company at their meeting held today, i.e. 26 November 2025, approved the public issue of secured, rated, listed, redeemable non-convertible debentures, with the shelf limit of up to ₹2,000 Crore, including green shoe option, if any, in one or more tranches, in compliance with the provisions of the Sebi,” the company informed the stock exchanges through its filings.
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