Interim report
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IIFL Finance Limited CIN No.: L67100MH1995PLC093797 Corporate Office – 802, 8th Floor, Hub Town Solaris, N.S. Phadke Marg, Vijay Nagar, Andheri East, Mumbai 400069 Tel: (91-22) 6788 1000. Fax: (91-22) 6788 1010 Regd. Office – IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, Thane Industrial Area, Wagle Estate, Thane – 400604 Tel: (91-22) 41035000. Fax: (91-22) 25806654 E-mail: csteam@iifl.com Website: www.iifl.com October 15, 2026 The Manager, Listing Department, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001 BSE Scrip Code: 532636 The Manager, Listing Department, The National Stock Exchange of India Limited, Exchange Plaza, 5th Floor, Plot C/1, G Block, Bandra - Kurla Complex, Bandra (E), Mumbai 400 051 NSE Symbol: IIFL The Manager, Listing Department, India International Exchange (IFSC) Limited 1st Floor, Unit No. 101, The Signature Building No. 13B, Road 1C, Zone 1, GIFT SEZ, GIFT City, Gandhinagar, Gujarat – 382050 India INX Symbol: 500058 The Manager, Listing Department, NSE IFSC Limited Unit-1201, 12th Floor, Brigade International Financial Centre, Block- 14, Road 1C, Zone 1, GIFT SEZ, GIFT City, Gandhinagar, Gujarat – 382355 Subject: Outcome of the Board Meeting held on October 15, 2026 Dear Sir/Madam, Pursuant to Regulations 30 and 51 of the Securities and Exchange Board of India (“SEBI”) (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), as amended from time to time, we wish to inform you that the Board of Directors of the Company at its meeting held today i.e., Thursday, October 15, 2026, inter alia, considered and/or approved the following matters: 1. The Consolidated and Standalone Unaudited Financial Results (“Financial Results”) of the Company for the quarter and half-year ended September 30, 2026. In this regard, following are enclosed: a. The Unaudited Financial Results along with the Limited Review Report for the quarter and half-year ended September 30, 2026, as required under Regulations 33 and 52 of the Listing Regulations (enclosed as Annexure A); b. Disclosures in accordance with Regulation 52(4) of the Listing Regulations; c. Security Cover Certificate pursuant to Regulations 54 and 56 of the Listing Regulations read with Circular No. HO/17 /11/12(2)2026-DDHS-PODl/I/22420/2026 dated September 28, 2026, as amended from time to time (enclosed as Annexure B); d. Statement of Utilization of Issue Proceeds & Statement of Deviation and Variation in use of Issue Proceeds of Non-Convertible Securities during the quarter ended September 30, 2026, pursuant to Regulations 52(7) & 52(7A) of the Listing Regulations (enclosed as Annexure C); 2. Based on the recommendation of the Nomination and Remuneration Committee, re-designation of Mr. R Venkataraman (DIN: 00011919) from Joint Managing Director to Non-Executive Non-Independent Director of the Company, w.e.f. October 15, 2026, subject to Members’ approval. He will cease to be a Key Managerial Personnel of the Company. Mr. R Venkataraman’s executive role is with IIFL Capital Services Limited. He has never drawn any compensation from IIFL Finance Limited. (The disclosures required under Regulation 30 of the Listing Regulations read with the applicable SEBI Circular(s) are en- closed as Annexure D); and
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IIFL Finance Limited CIN No.: L67100MH1995PLC093797 Corporate Office – 802, 8th Floor, Hub Town Solaris, N.S. Phadke Marg, Vijay Nagar, Andheri East, Mumbai 400069 Tel: (91-22) 6788 1000. Fax: (91-22) 6788 1010 Regd. Office – IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, Thane Industrial Area, Wagle Estate, Thane – 400604 Tel: (91-22) 41035000. Fax: (91-22) 25806654 E-mail: csteam@iifl.com Website: www.iifl.com 3. Proposal to acquire India Infoline Foundation, a company incorporated under Section 8 of the Companies Act, 2013, limited by guarantee and not having a share capital from IIFL Capital Services Limited, subject to requisite statutory and regulatory approvals. (The disclosures required under Regulation 30 of the List- ing Regulations read with the applicable SEBI Circular(s) are enclosed as Annexure E). The disclosure of Related Party Transactions pursuant to the provisions of Regulations 23 (9) of the Listing Regulations is being filed as a part of Integrated Filing (Financial) with BSE and NSE through XBRL Mode. The results have been uploaded on the website of the Stock Exchanges at www.nseindia.com and www.bseindia.com and on the website of the Company at www.iifl.com. The Meeting of the Board of Directors commenced at 11:15 a.m. (IST) and concluded at 03:35 p.m. (IST). Kindly take the same on record and oblige. Thanking you, For IIFL Finance Limited ____________________ Samrat Sanyal Company Secretary & Compliance Officer ACS-13863 Email Id: csteam@iifl.com Place: Mumbai Encl: as above
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G. M. KAPADIA & CO., Chartered Accountants 1007, Raheja Chambers, 213, Nari.man Point, Mumbai - 400 021 SHAH GUPTA & CO., Chartered Accountants Bombay Mutual Building, 2nd Floor, Dr D N Road, Fort Mumbai - 400001 Independent Auditors' Review Report on Consolidated Unaudited quarterly and half yearly Financial Results of the Company Pursuant to the Regulation 33 and 52 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 TO Tl-IE BOARD OF DIRECTORS OF II FL Fina nee Limited Introduction I. We have reviewed the accompanying Statement of Consolidated Unaudited Financial Results of IIFL Finance Limited ("the Parent") and its subsidiaries (the Parent and its subsidiaries together referred to as ··the Group") for the quaitcr and half year ended September 30. 2026 ("the Statement"). being submitted by the Parent pursuant to the requirement of Regulation 33 and 52 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations. 20 I 5. as amended ("the Listing Regulations"). 2. This StatemenL which is the responsibility of the Parent's Management and approved by the ParenCs Board of Directors. has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "lnLerim Financial Reporting.. ("Ind AS 34"). prescribed under section 133 of the Companies Act. 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 and Regulation 52 of the Listing Regulations. including relevant circulars issued by the Securities Exchange Board of India ("SEBI"). guidelines and directions issued by the Reserve Bank of India from time to time as applicable to the Company. Our responsibility is lo express a conclusion on the Statement based on our revie\\. Scope of the Review 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 --Revie,, of Interim Financial Information Performed by the Independent Auditor of the Entity". issued by the Institute ofCha1tered Accountants of India. This standard requires that we plan and perform the review lo obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial infomiation consists of making inquiries . primarily of persons responsible for financial and accounting matters. and applying analytical and other revie,, procedures. A review is substantially less in scope than an audit conducted in accordance ,�ith Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly. we do not express an audit opinion . We also perfom1ed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the Listing Regulations. to the extent applicable. -l. The Statement includes the results of the following entities· Sr No :'\ame of the Entities I IIFL Finance Limited 2 IIFL Home Finance Limited (1I-IFL) IIHFL Sales Limited 3 IIFL Samasta Finance Limited 4 IIFL Fintech Private Limited (formerly 11 FL Open Fin tech Private Limited) (IFPL) 5 Xtracap Fintech Private Limited -(W.c.f. June I I. 2026) Conclusion Relationship Parent Subsidiary Subsidiary of IHFL Subsidiary Subsidiary Subsidiaty of IFPL 5. Based on our review conducted as above. and based on the consideration of the review reports of other auditors referred to in paragraph 6 below. nothing has come to our attention that causes us to believe that the accompanying Statement. prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards specified under Section 133 of the Act. as amended. read ,, ith relevant rules issued there under and other accounting principles generally accepted in India . has not disclosed the infonnation required to be disclosed in tcnns of the Listing Regulations. including the manner in \\hich it is to be disclosed. or that it contains any material misstatement or that it has not been prepared in accordance with the relevant prudential norms issued by the Rcser,c Bank or India in respect of income recognition. asset classification. provisioning and other related mailers. Page I of2 Annexure A
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I G. M. KAPADIA & CO., Chartered Accountants SHAH GUPTA & CO., Chartered Accountants Other Matter 6. We did not review the consolidated unaudited financial results of two subsidiaries and standalone unaudited financial results of one subsidiary company included in the consolidated unaudited financial results, whose unaudited financial results reflects, total assets of Rs. 43.837.91 crores as at September 30. 2026. total revenues of Rs. 1633.62 crore and Rs. 3215.45 crores. total net profit after tax of Rs.255.75 crore and Rs. 502.12 crores and total comprehensive income of Rs. 252.45 crore and Rs.533.24 crores for the quarter ended September 30. 2026, and for the period from April 1. 2026 to September 30. 2026 respectively, and net cash outflows of Rs. 1356.28 crores during the period from April 1. 2026 to September 30, 2026 as considered in consolidated unaudited financial results of the Group. These unaudited financial results have been reviewed by other auditors, whose review reports have been furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries is based on the review reports of the other auditors and the procedure performed by us as stated in "scope of the review" paragraph above. Our conclusion on the Statement is not modified in respect of the above matter. 7. The comparative financial information of the Company for the quarter ended June 30, 2026 and for the quarter and half year ended September 30. 2025 as included in the Statement was reviewed by one of the predecessor joint auditors M/s Sharp & Tannan Associates. Chartered Accountants, together with continuing joint statutory auditor, M/s G. M. Kapadia & Co., Chartered Accountants, who issued unmodified conclusions thereon vide their reports dated July 22, 2026 and October 30. 2025 respectively. Further, the financial statements of the Company for the year ended March 31, 2026 included in the Statement were audited by one of the predecessor joint auditors, M/s Sharp & Tannan Associates, Chartered Accountants, together with the continuing joint statutory auditor. M/s G. M. Kapadia & Co. Chartered Accountants, who expressed an unmodified audit opinion thereon vide their audit report dated April 29. 2026. Our conclusion on the Statement is not modified in respect of the above matter. For G. M. Kapadia & Co., Chartered Accountants For Shah Gupta & Co., Chartered Accountants ICAI Firm Reg. No. 104767W P Di ICAI Inn Reg. No. 109574W v 4, ' Atul Shah O O pul Choksi Partner MUMBAI Partner Membership No. 039569 Membership No. 037606 Place: Mumbai red Acc° Place: Mumbai Date: October 15, 2026 Date: October 15, 2026 UDIN: 26039569EENYBE9094 UDIN: 26037606ZHLQOX5127 •Z UPT MUMBAI FRN: 109574W co Fo ACC 0 Page 2 of 2
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IIFL Finance Limited CIN: L67100MH1995PLC093797 Regd. office - IIFL house. Sun infotech park, Road no. 16V, Plot no. 5-23, Thane industrial estate, Wagle estate, Thane - 400604 Statement of unaudited consolidated financial results for the quarter and half year ended September 30 2026 (₹ in crore) Quarter ended Half year ended Year ended Sr. September June September September September March no. Particulars 30, 2026 30, 2026 30, 2025 30, 2026 30, 2025 31, 2026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited 1 Income Revenue from operations (i) Interest income 4,069.38 3,723.37 2.820.94 7.792.75 5.404.43 11,753.72 (ii) Dividend income ^ 0.01 0.00 0.00 0.01 0.00 0.00 (iii) Fees and commission income 149.06 120.86 105.33 269.92 212.83 498.09 (iv) Net gain on fair value changes - - 24.51 - 57.16 30.07 (v) Net gain on derecognition of financial instruments under FVTOCI category 28.00 74.92 354.33 102.92 583.52 1,068.92 (I) Total revenue from operations 4,246.45 3,919.15 3,305.11 8,165.60 6,257.94 13,350.80 (II) Other income 1.76 2.73 4.05 4.49 10.52 23.03 (III) Total income (HI) 4,248.21 3,921.88 3,309.16 8,170.09 6,268.46 13,373.83 2 Expense (i) Finance cost 1,908.64 1.719.47 1.381.92 3.628.11 2,670.72 5,717.37 (ii) Net loss on fair value changes 0.61 29.59 30.20 (iii) Impairment on financial instruments 280.81 294.19 500.34 575.00 1,012.80 1,738.19 (iv) Employee benefits expenses 573.75 599.44 507.61 1,173.19 1,003.12 2,110.51 (v) Depreciation. amortisation and impairment 63.36 62.90 47.34 126.26 94.35 210.62 (vi) Other expenses 347.37 287.65 315.26 635.02 574.47 1.188.56 (IV) Total expenses 3,174.54 2,993.24 2,752.47 6,167.78 5,355.46 10,965.25 (V) Profit before tax (V+VI) 1,073.67 928.64 556.69 2,002.31 913.00 2,408.58 3 Tax expense (i) Current tax 199.82 308.22 39.44 508.04 107.47 395.89 (II) Deferred tax 68.84 (92.71) 97.40 (23.87) 111.51 195.83 (iii) Current tax expense relating to prior period/ year - - 1.91 - 1.91 0.16 (VI) Total tax expense • 268.66 215.51 138.75 484.17 220.89 591.88 (VII) Net profit after tax (V-VI) 805.01 713.13 417.94 1,518.14 692.11 1,816.70 Attributable to (I) Owners of the Company 766.42 675.07 376.33 1,441.49 609.68 1,660.80 (ii) Non-controlling interest 38.59 38.06 41.61 76.65 82.43 155.90 4 Other comprehensive income! (loss) A (i) Items that will not be reclassified to profit or loss (a) Remeasurement of defined benefit liability/ (asset) 2.68 (5.68) (7.25) (3.00) (6.56) (7.80) (ii) Income tax relating to items that will not be reclassified to profit or loss (0.68) 1.43 1.82 0.75 1.65 1 96 Subtotal (A) 2.00 (4.25) (5.43) (2.25) (4.91) (5.84) B (i) Items that will be reclassified to profit or loss (a) Cash flow hedge (net) 24.15 23.31 0.17 47.46 (13.75) 35.76 (b) Others 0.40 (1.80) (1.29) (1.40) (0.90) (7.41) (ii) Income tax relating to items that will be reclassified to profit or loss (6.18) (5.41) 0.28 (11.59) 3.69 (7.14) Subtotal (B) 18.37 16.10 (0.84) 34.47 (10.96) 21.21 (VIII) Other comprehensive income/ (loss) (A+B) 20.37 11.85 (6.27) 32.22 (15.87) 15.37 (IX) Total comprehensive income for the period! year (VII+VIII) 825.38 724.98 411.67 1,550.36 676.24 1,832.07 Attributable to (i) Owners of the Company 787.54 679.76 372.15 1,467.30 597.10 1,675.72 (ii) Non-controlling interest 37.84 45.22 39.52 83.06 79.14 156.35 Paid up equity share capital (face value of ₹ 2 each) 85.36 85.06 85.00 85.36 85.00 85.06 Other equity 15.347 13 12,884.86 13,834.90 Non-controlling interest 1,782.19 1,661.53 1,699.13 5 Total equity 17,214.68 14,631.39 15,619.09 6 Earnings per share Basic (₹)* 18.00 15.87 8.86 33.88 14.35 39.07 Diluted (t) * 17.90 15.78 8.80 33.67 14.23 38.75 Notes: ^ Amounts less than ₹ 0.01 crore are shown as ₹ 0.00 crore. " Quarter and half year ended numbers are not annualised. 7 ( --../ 6:-...- For IIFL Finance Limited -c l ''' ,',, 's.>—--. .„ ..\ ..2...... SIGNED FOR IDEN WICATION BY G. M. KAPADIA & CO. 4' / MUMBAI 41. * .._. Nirm ain Date : October 15, 2026 Managing Director Place : Mumbai ft eirngleATIOIll DIN: 00010535 BY SEAR GUPTA & CO. CH TERED ACCOUNTANTS MUMBAI
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Note 1: Consolidated statement of assets and liabilities: (₹ in crore) Sr. no. Particulars As September 30, 2026 As at March 31, 2026 Unaudited Audited Assets (1) Financial assets (a) Cash and cash equivalents 5,379.84 3,328.23 (b) Bank balance other than (a) above 2,940.79 3,045.27 (c) Derivative financial instruments 358.54 740.79 (d) Receivables (I) Trade receivables 69.61 98.11 (II) Other receivables 4.56 22.09 (e) Loans 84,173.26 70,911.07 (f) Investments 6,182.95 6,092.45 (g) Other financial assets 2,391.23 2,280.50 1,01,500.78 86,518.51 (2) Non-financial assets (a) Current tax assets (net) 526.69 288.47 (b) Deferred tax assets (net) 252.53 256.85 (c) Investment property 868.70 870.58 (d) Property. plant and equipment 202.74 176.69 (e) Capital work-in-progress 14.97 5.75 (f) Intangible assets under development 0.51 0.08 (g) Goodwill 42.85 - (h) Right of use assets 462.14 459.11 (i) Other intangible assets 5.85 7.27 (j) Other non-financial assets 572.10 451.83 (k) Assets held for sale 23.67 23.90 2,972.75 2,540.53 Total assets 1,04,473.53 89,059.04 Liabilities and equity (1) Financial liabilities (a) Derivative financial instruments - 0.60 (b) Payables (I) Trade payables (i) total outstanding dues of micro enterprises and small enterprises 24.18 19.02 (ii) total outstanding dues of creditors other than micro enterprises and small enterprises 283.55 227.66 (II) Other payables (i) total outstanding dues of micro enterprises and small enterprises - - (ii) total outstanding dues of creditors other than micro enterprises and small enterprises - - (c) Finance lease obligation 566.39 522.19 (d) Debt securities 29,942.76 20,747.97 (e) Borrowings (other than debt securities) 48,223.31 43,098.95 (f) Subordinated liabilities 5,627.94 5,328.96 (g) Other financial liabilities 1,798.03 2,988.46 86,466.16 72,933.81 (2) Non-financial liabilities (a) Current tax liabilities (net) 371.97 81.02 (b) Provisions 181.62 157.71 (c) Deferred tax liabilites 54.79 72.45 (d) Other non-financial liabilities 184.31 194.96 792.69 506.14 (3) Equity (a) Equity share capital 85.36 85.06 (b) Other equity 15,347.13 13,834.90 (c) Non-controlling interest 1,782.19 1,699.13 17,214.68 15,619.09 Total liabilities and equity 1,04,473.53 89,059.04 For llFL Finance Limit' SIGNED FOR IDEN IFICATION Is; ]/:- .....6 . , BY ,--- G. M. KAPADIA & CO. •.0\ -.4. MUMBAI --II . 0•1 al Jain ''):' \ Managing Director Date : October 15, 2026 Place : Mumbai II 'mil ' DIN: 00010535 SHAH GUPTA & CO. --SRO ACCOUNTANTS
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Note 2. Consolidated statement of cash flow: (₹ in crore) Particulars Half year ended September 30, 2026 Half year ended September 30, 2025 Unaudited Unaudited A. Cash flow from operating activities Profit before tax 2,002.31 913.00 Adjustments for: Depreciation, amortisation and impairment 126.26 94.35 Impairment on loans 175.19 (82.20) Impairment on other financial instruments 27.44 7.14 (Gain)/ loss on sale of assets (1.92) (0.57) (Profit)/ loss on termination - Ind AS 116 (0.75) (0.73) Net (gain)/ loss on fair value changes on investment - realised (18.19) (39.21) Net (gain)/ loss on fair value changes on investment - unrealised 48.38 (2.95) Net (gain)/ loss on fair value changes on derivative - unrealised - (15.00) Net (gain)/ loss on derecognition of financial instruments under FVTOCI category (102.92) (583.52) Employee benefit expenses - share based 39.47 (8.93) Employee benefit expenses - others 27.49 2.36 Interest on loans (7,520.99) (5,188.20) Interest on deposits with banks (126.44) (92.65) Dividend income (0.01) (0.00) Dividend received 0.01 0.00 Finance cost 3,574.05 2,645.16 Interest expense - Ind AS 116 54.06 25.56 Income received on loans 7,519.75 5,154.82 Interest received on deposits with banks 120.11 46.22 Finance cost paid (3,720.27) 220.72 (2,673.54) (711.89) Operating profit before working capital changes 2,223.03 201.11 Decrease/ (increase) in financial and non financial assets 765.35 (152.57) Increase/ (decrease) in financial and non financial liabilities (1,543.38) (778.03) 317.00 164.43 Cash (used in)! generated from operations 1,445.00 365.54 Taxes paid (452.95) (175.50) Net cash (used in)/ generated from operating activities 992.05 190.04 Loans (disbursed)/ repaid (net) (13,436.16) (4,670.74) Net cash (used in)/ generated from operating activities (A) (12,444.11) (4,480.70) B. Cash flow from investing activities Purchase of property, plant and equipment and other intangible assets (121.54) (25.66) Sale of property, plant and equipment and other intangible assets 1.02 0.69 Proceeds/ (purchase) of Investments (120.70) (1,230.58) Proceeds/ (deposits) from maturity of deposits placed with banks 110.79 (882.18) Net cash (used in)! generated from investing activities (B) (130.43) (2,137.73) C. Cash flow from financing activities Proceeds from issue of equity share (including securities premium and share application money pending allotment) 5.40 9.04 Proceeds from debt securities 28,139.29 9,855.26 Repayment of debt securities (18,854.34) (6,935.60) Proceeds from borrowings (other than debt securities) 22,698.75 17,818.65 Repayment of borrowings (other than debt securities) (17,586.02) (14,651.58) Proceeds from subordinated liabilities 352.25 1,210.00 Repayment of subordinated liabilities (39.64) (135.86) Payment of lease liability (89.54) (77.79) Net cash (used in)! generated from financing activities (C) 14,626.15 7,092.12 Net increase in cash and cash equivalents ( A + B + C ) 2,051.61 473.70 Add : Opening cash and cash equivalents as at the beginning of the year 3,328.23 2,066.63 Cash and cash equivalents as at the end of the year 5,379.84 2,540.33 SIGNED FOR IDENTIFICATION BY G. M. KAPADIA & CO. MUMBAI SIGNED FOeiliitrnefot_ICATION BY SHHARAHRED ACCOUNT & ANTS CO. C TE µUMSA1
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IIFL FINANCE LIMITED CIN : L67100MH1995PLC093797 Regd. Office:- IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, Thane Industrial Estate, Wagle Estate, Thane — 400604 3. The above consolidated financial results for the quarter and half year ended September 30, 2026, have been reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company at its meeting held on October 15, 2026. The Joint Statutory Auditors of the Company have carried out a limited review of the aforesaid results and have issued an unmodified conclusion. 4. These consolidated financial results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards 34 "Interim Financial reporting" ("Ind AS 34") as prescribed under Section 133 of the Companies Act, 2013 read with relevant Rules issued there under and other accounting principles generally accepted in India and in accordance with the requirements of Regulation 33 and 52 of the Securities and Exchange Board of India ("SEBI") (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 5. The above consolidated financial results of the group include standalone financial results of the holding company, consolidated financial results of two subsidiaries and standalone financial results of one subsidiary. 6. During the quarter ended September 30, 2026, the Company allotted 14,86,903 equity shares (previous quarter: 35,412) having face value of ₹ 2/- each on exercise of stock options under the Employee Stock Option Scheme(s). 7. The Group's main business is financing and investing activities. All other activities revolve around the main business. Further all activities are carried out within India. As such there are no separate reportable segments as per the Indian Accounting Standard (Ind AS) 108 on Operating Segment. 8. The Income-tax Department conducted a search under Section 132 of the Income-tax Act, 1961 ("the Act") at the registered office and certain other premises of IIFL Finance Limited (the "Holding Company") and IIFL Home Finance Limited (the "Subsidiary Company") in January 2025. 9. Pursuant to the notice issued under Section 158BC of the Act, the Holding Company filed its return of income for the block period from April 1, 2018 to February 03, 2025 on December 3, 2025. Without prejudice to its rights and contentions, the Holding Company disclosed additional income of ₹2.35 crore in the return so furnished. The Holding Company has received an assessment order under Section 158BC(1)(c) of the Act dated May 12, 2026, pursuant to which a tax demand of ₹475.56 crore has been raised. The Holding Company has filed an appeal against the said order before the relevant appellate authority and, based on the facts and legal position, believes that it has adequate grounds to substantiate its position in the appellate proceedings. The Holding Company had also filed an application seeking stay of the outstanding demand. Pursuant thereto, the Income-tax Department has granted stay of the demand, subject to, inter alia, payment of 5% of the outstanding demand in instalments and compliance with other procedural conditions. The Holding Company has duly complied with the conditions stipulated in the stay order. The Holding Company has also filed an application seeking abeyance of the penalty proceedings and other applications before the Income-tax authorities, which are presently pending. The Subsidiary Company has filed a Nil return in Form ITR-B on December 3, 2025, pursuant to a notice issued under Section 158BC, requiring filing of income-tax returns for the block period from April 01, 2018 to February 03, 2025. Subsequently, the Subsidiary Company has received assessment order u/s 158BC(1)(c) of the Act dated August 23, 2026 wherein tax demand of ₹963.39 crore has been raised. The Subsidiary Company believes that there are adequate factual and legal grounds to substantiate its position in appeals against the said order. The Subsidiary Company has already filed appeal against the said order with the relevant authority. Further, the Subsidiary Company has filed penalty abeyance, stay of demand and other applications which are pending for adjudication. The Management, after considering all available records and facts, is of the view that there would not be any material adverse impact •f the Holding Com any and the Subsidiary SOW FQR BY / -,• SHAH GUPTA& CCU. CHARTERED ACCOUNTANTS MUMBAI SIGNED FOR IDENTIFICATION BY G. M. KAPADIA 8g CO. MUMBAI
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IIFL FINANCE LIMITED CIN : L67100MH1995PLC093797 Regd. Office:- IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, Thane Industrial Estate, Wagle Estate, Thane — 400604 Company and hence no material adjustments are required to be made in the financial results of the Holding Company and the Subsidiary Company. 10. The Secured Non-Convertible Debentures are secured by way of a first pari passu charge on receivables of the group, both present and future, book debts, loans and advances and current assets of the group, except those receivables present and/or future specifically and exclusively charged in favor of certain existing charge holders and specified immovable property such that a security cover of 100% or higher (up to 125%) as per the terms of the offer document is maintained till the time of maturity. 11. During the quarter ended September 30, 2026, the Finance Committee of Holding Company, vide its resolution dated July 02, 2026, approved the pricing of USD 300,000,000 aggregate principal amount of 7.60% p.a. Fixed Rate, Senior, Secured Notes due 2030 ("Notes"), issued under Regulation S and/or Rule 144A of the U.S. Securities Act of 1933, pursuant to the Company's USD 1,500,000,000 Global Medium Term Note Programme, as updated through the Offering Circular dated May 25, 2026 and the Supplement Offering Circular dated July 01, 2026. Accordingly, the Company issued and allotted the Notes on July 10, 2026 and raised USD 300,000,000 therefrom. The Notes are listed on India International Exchange (IFSC) Limited and NSE IFSC Limited. 12. Disclosure in compliance with Regulation 52(4) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 is attached as Annexure 1. 13. The figures for the quarter ended September 30, 2026, and quarter ended September 30, 2025, are the balancing figures between unaudited figures in respect of the half year ended September 30, 2026, and September 30, 2025, and the unaudited figures of quarter ended June 30, 2026, and unaudited figures of quarter ended June 30, 2025, respectively. 14. Previous period/ year figures have been regrouped/ reclassified to make them comparable with those of the current period. By order of the Board For IIFL Finance Limited SIGNED FOR IDENTIFICATION BY G. M. KAPADIA & CO. MUMBAI Date: October 15,2026 Place: Mumbai SIGNED FOR IDENTIFICATION €114'- BY SHAH GUPTA & CO. CHARTERED ACCOUNTANTS MUMBAI (111gal Jain Managing Director DIN: 00010535
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Annexure 1 Disclosure in compliance with Regulations 52(4) of of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, for the quarter and half year ended September 30 2026. Sr. no Particulars Ratios Quarter ended September 30, 2026 Half year ended September 30, 2026 1) Debt - equity ratio' 4.87 2) Net gearing ratio 1b 4.08 3) Debt service coverage ratio2 Not Applicable 4) Interest service coverage ratio2 Not Applicable 5) Outstanding redeemable preference shares (quantity) NIL 6) Outstanding redeemable preference share (₹ in crore) NIL 7 Capital redemption reserve (₹ in crore) 230.11 8) Debenture redemption reserve (₹ in crore) 12.80 9) Net worth (₹ in crore)3 15,002.36 10) Net profit after tax (₹ in crore) (before non contolling interest) 805.01 1518.14 11) Earning per share: (in ₹) (not annualised) a) Basic 18.00 33.88 b) Diluted 17.90 33.67 12) Current ratio2 Not Applicable 13) Long term debt to working capital2 Not Applicable 14) Bad debts to accounts receivable ratio2 Not Applicable 15) Current liability ratio2 Not Applicable 16) Total debt to total asset ratio4 0.80 17) Debtor turnover ratio2 Not Applicable 18) Inventory turnover ratio2 Not Applicable 19) Operating margin2 Not Applicable 20) Net profit margins 18.95% 18.58% 21) Sector specific ratio a) GNPA °/c, 1.48% b) NNPA % 0.87% c) Specific provision coverage ratios 41.28% Notes: 1a) Debt-equity ratio = Total borrowing/ total equity 1b) Net gearing ratio = Total borrowing excluding securitisation and including cash and cash equivalents/ total equity 2) The Holding Company is registered under the Reserve Bank of India Act, 1934 as Non-Banking Financial Company, hence these ratios are not applicable. 3) Networth means share capital plus reserves less miscellaneous expenditure to the extent not written off. 4) Total debt to total asset = Total borrowing/ total asset. 5) Net profit margin = Net profit after tax/ total income 6) Specific provision coverage = Stage 3 ECL provision/ gross non performing advances (GNPA) SIGNED FOR IDENTIFICATION BY G. M. M. KAI7ADIA & CO. MUMBAI SIGNED FOR IDENTI ICATION BY SHAH GUPTA GUPTA & CO. CHARTERED ACCOUNTANTS MUMBAI
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G. M. KAPADIA & CO., Chartered Accountants 1007, Raheja Chambers, 213, Nariman Point, Mumbai - 400 021 SHAH GUPTA & CO., Chartered Accountants Bombay Mutual Building, 2nd Floor, Dr D N Road, Fort Mumbai - 400001 Independent Auditors' Re\ ieNN Report on Standalone Unaudited quarterly and half yearly Financial Results of the Company pursuant to the Regulation 33 and 52 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 TO THE BOARD OF DIRECTORS OF IIFL Finance Limited Introduction 1. We have reviewed the accompanying statement of standalone unaudited financial results of IIFL Finance Limited ("the Company- ) for the quarter and half year ended September 30, 2026 ("the Statement"), being submitted by the Company pursuant to the requirement of Regulation 33 and 52 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations. 2015 as amended ("the Listing Regulations"). 2. This Statement, which is the responsibility of the Company's Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 and Regulation 52 of the Listing Regulations, including relevant circulars issued by the Securities Exchange Board of India ("SEBI- ), guidelines and directions issued by the Reserve Bank of India from time to time as applicable to the Company. Our responsibility is to express a conclusion on the Statement based on our review. Scope of the Review 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. Conclusion 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement. prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards specified under Section 133 of the Act, as amended, read with relevant rules issued there under and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement or that it has not been prepared in accordance with the relevant prudential norms issued by the Reserve Bank of India in respect of income recognition, asset classification, provisioning and other related matters. Other Matter 5. The comparative financial information of the Company for the quarter ended June 30, 2026 and for the quarter and half year ended September 30, 2025 as included in the Statement was reviewed by one of the predecessor joint auditors M/s Sharp & Tannan Associates, Chartered Accountants, together with continuing joint statutory auditor, M/s G. M. Kapadia & Co., Chartered Accountants, who issued unmodified conclusions thereon vide their reports dated July 22. 2026 and October 30. 2025 respectively. Further, the financial statements of the Company for the year ended March 31, 2026 included in the Statement were audited by one of the predecessor joint auditors. M/s Sharp & Tannan Associates, Chartered Accountants, together with the continuing joint statutory auditor, M/s G. M. Kapadia & Co. Chartered Accountants, who expressed an unmodified audit opinion thereon vide their audit report dated April 29, 2026. Our conclusion on the Statement is not modified in respect of the above matter. For G. M. Kapadia & Co., Chartered Accountants For Shah Gupta & Co., Chartered Accountants ICAI Firm Reg. No. 104767W ICA Firm Reg. No 109574W APP Atul Shah O Vipul Choksi Partner MUMBAI Partner Membership No. 039569 Membership No. 037606 Place: Mumbai d Acco Place: Mumbai Date: October 15, 2026 Date: October 15, 2026 UDIN: 26039569VXXAZX4158 UDIN: 26037606YZSBSS8720 upr MUMBAI FRN: 109574W Pi s ACC Page 1 of 1
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IIFL Finance Limited CIN: L67100MH1995PLC093797 Regd. office - IIFL house. Sun infotech park, Road no. 16V. Plot no. B-23. Thane industrial estate. Wagle estate. Thane - 400604 Statement of unaudited standalone financial results for the quarter and half year ended September 30, 2026 (7 in crore) Sr. no. Particulars Quarter ended Half year ended Year ended September 30, 2026 June 30, 2026 September 30, 2025 September 30. 2026 September 30, 2025 March 31, 2026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited 1 (i) (ii) (iii) (iv) (v) (I) (II) (III) 2 (i) (ii) liii) (iv) (v) (vi) (IV) (V) 3 (i) (ii) (iii) (VI) (VII) 4 (VIII) (IX) 5 6 Income Revenue from operations Interest income Dividend income " Fees and commission income Net gain on fair value changes Net gain on derecognition of financial instruments under FVTOCI category Total revenue from operations Other income Total income (1+11) Expense Finance cost Net loss on fair value changes Impairment on financial instruments Employee benefits expenses Depreciation, amortisation and impairment Other expenses Total expenses Profit before tax (III-IV) Tax expense Current tax Deferred tax Current tax expense relating to prior period/ year Total tax expense Net profit after tax (V-VI) Other comprehensive income/ (loss) A (I) Items that will not be reclassified to profit or loss - Remeasurement of defined benefit liability/ (asset) (ii) Income tax relating to items that will not be reclassified to profit or loss Subtotal (A) B (i) Items that will be reclassified to profit or loss - Cash flow hedge (net) (ii) Income tax relating to items that will be reclassified to profit or loss Subtotal (B) Other comprehensive income/ (loss) (A+B) Total comprehensive income for the period/ year (V1I+VIII) Paid up equity share capital (face value of ₹ 2 each) Other equity Total equity Earnings per share Basic (₹) * Diluted (t) * 2,557.22 0.01 45.86 10.53 2,261.52 0.00 39.34 43.23 1.490.63 0.00 30.23 13.55 228.81 4.818.74 0.01 85.20 - 53.76 2,739.19 0.00 72.80 28.81 401.59 6,438.86 121.98 151.69 - 735.41 2,613.62 0.71 2,344.09 0.46 1,763.22 3.89 4,957.71 1.17 3,242.39 10.28 7,447.94 19.17 2,614.33 1,195.90 14.42 136.54 261.43 51.55 211.52 2,344.55 1,036.76 51.34 153.98 283.63 51.46' 162.49 1,767.11 758.40 - 211.60 283.12 35.69 194.77 4,958.88 2.232.66 65.76 290.52 545.06 103.01 374.01 3,252.67 1,459.82 - 394.10 515.32 70.15 351.40 7,467.11 3.273.29 20.25 705.59 1,076.06 163.14 722.69 1,871.36 1,739.66 1,483.58 3,611.02 2,790.79 5,961.02 742.97 604.89 283.53 1,347.86 461.88 1,506.09 131.81 62.63 238.55 (100.77) 7.49 63.39 1.93 370.36 (38.14) 7.49 108.97 1.93 243.28 105.89 3.40 194.44 137.78 72.81 332.22 118.39 352.57 548.53 467.11 210.72 1,015.64 343.49 1,153.52 1.58 (0.40) (4.35) 1.10 (8.11) 2.04 (2.77) 0.70 (8.27) 2.08 (9.22) 2.32 1.18 30.07 (7.57) (3.25) (25.82) 6.50 (6.07) 13.46 (3.39) (2.07) 4.25 (1.07) (6.19) 8.2^ (2.07) (6.90) 27.11 (6.82) 22.50 (19.32) 10.07 3.18 6.14 20.29 23.68 (22.57) 4.00 1.11 (0.05) 13.39 572.21 444.54 214.72 1,016.75 343.44 1,166.91 85.36 85.06 85.00 85.36 8.512.53 85.00 6,796.95 85.06 7,475.65 12.89 12.81 10.98 10.92 4.96 4.93 8,597.89 23.87 23.73 6,881.95 8.08 8.02 7,560.71 27.14 26.91 Notes: ^ Amounts less than ₹ 0.01 crore are shown as ₹ 0.00 crore. • Quarter and half year ended numbers are not annualised. For 11FL Finance Limited I SIGNED FOR IDENTIFICATION -' - SIGNED FOR IDENTIFICATION BY G. M. KAPADIA & CO. MUMBAI BY kaA ' / /e/ SHAH -GUPTA-8ra). CHARTERED ACCOUNTANtS . . /- ''' ..-. ' (.....: .....4 .64 ~;•fj MUMBAI Nirmal Jain Date : October 15. 2026 Managing Director Place : Mumbai DIN: 00010535
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Note 1. Standalone statement of assets and liabilities: (₹ in crore) Sr. no. Particulars As at September 30, 2026 As at March 31, 2026 Unaudited Audited (1) (a) (b) (c) (d) (e) (f) (g) (2) (a) (b) (c) (d) (e) (f) (g) (h) (i) Assets Financial assets Cash and cash equivalents Bank balance other than (a) above Derivative financial instruments Receivables (I) Trade receivables (II) Other receivables Loans Investments Other financial assets Non-financial assets Current tax assets (net) Deferred tax assets (net) Investment property Property. plant and equipment Capital work-in-progress Intangible assets under development Right of use assets Other intangible assets Other non-financial assets 4,730.28 822.49 107.03 22.87 4.56 47,675.44 5,667.79 1,181.14 1,322.39 600.59 424.49 25.94 22.08 38,135.72 5.844.41 1.079.66 60,211.60 47,455.28 446.58 222.91 868.70 175.77 14.97 0.51 371.88 3.17 494.75 186.62 185.14 868.70 148.87 5.75 0.08 363.71 4.58 415.48 2,599.24 2,178.93 Total assets 62,810.84 49,634.21 (1) (a) (b) (c) (d) (e) (f) (g) (2) (a) (b) (c) (3) (a) (b) Liabilities and equity Financial liabilities Derivative financial instruments Payables (I) Trade payables (i) total outstanding dues of micro enterprises and small enterprises (ii) total outstanding dues of creditors other than micro enterprises and small enterprises (II) Other payables (i) total outstanding dues of micro enterprises and small enterprises (ii) total outstanding dues of creditors other than micro enterprises and small enterprises Lease liability Debt securities Borrowings (other than debt securities) Subordinated liabilities Other financial liabilities Non-financial liabilities Current tax liabilities (net) Provisions Other non-financial liabilities Equity Equity share capital Other equity - 10.93 203.09 - 466.31 24,054.21 23,256.42 4,029.05 1,637.36 0.60 4.91 161.28 417.30 15,384.97 19,613.66 3,741.37 2,499.89 53,657.37 41,823.98 371.97 112.46 71.15 79.70 93.46 76.36 555.58 249.52 85.36 8,512.53 85.06 7.475.65 8,597.89 7,560.71 Total liabilities and equity 62,810.84 49,634.21 , For IIFL Finance Li 't SIGNED FOR IDENTIFICATION BY G. M. KAPADIA & CO. MUMBAI SIGNED FOR IDENTIFICATION BY txs ' ,---/ e___! SHAH GUPTA & CO. ... .. t' \ ----41 ,‘ :.,..," / *„-- Nir al Jain Date : October 15, 2026 Place : Mumbai CHARTERED ACCOUNTANTS MUMBAI Managing Director ' DIN: 00010535
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Note 2. Standalone statement of cash flow: (₹ in crore) Particulars Half year ended September 30, 2026 Half year ended September 30, 2025 Unaudited Unaudited A. Cash flow from operating activities Profit before tax 1,347.86 461.88 Adjustments for: Depreciation, amortisation and impairment 103.01 70.15 Impairment on loans 64.41 (32.02) Impairment on other financial instruments 12.81 7.14 (Gain)/ loss on sale of assets (0.21) 0.08 (Profit)/ loss on termination - Ind AS 116 (0.75) (0.73) Net (gain)/ loss on fair value changes on investment - realised 15.83 (10.45) Net (gain)/ loss on fair value changes on investment - unrealised 49.94 (3.35) Net (gain) / loss on derecognition of financial instruments under amortised cost (53.76) (401.59) Employee benefit expenses - share based payments 15.05 22.36 Employee benefit expenses - others 11.13 (5.30) Interest on loans (4,729.55) (2,687.58) Interest on deposits with banks (32.90) (22.68) Interest on investments (56.29) (28.93) Dividend income (0.01) (0.00) Dividend received 0.01 0.00 Finance cost 2,172.57 1,428.74 Interest expense - Ind AS 116 49.43 19.67 Income received on loans 2,656.13 2,114.19 Interest received on deposits with banks 22.89 25.54 Income received on investments 37.63 18.69 Finance cost paid (2,021.28) (1,683.91) (1,302.59) (788.66) Operating profit before working capital changes (336.05) (326.78) Decrease/ (increase) in financial and non financial assets (129.61) (62.61) Increase/ (decrease) in financial and non financial liabilities (543.13) (672.74) 691.53 628.92 Cash (used in)/ generated from operations (1,008.79) 302.14 Taxes paid (338.06) (32.98) Net cash (used in)/ generated from operating activities (1,346.85) 269.16 Loans (disbursed)/ repaid (net) (7,530.67) (5.043.85) Net cash (used in)/ generated from operating activities (A) (8,877.52) (4,774.69) B. Cash flow from investing activities Purchase of property. plant and equipment and other intangible assets (74.20) (22.29) Sale of property. plant and equipment and other intangible assets 0.90 0.34 Proceeds/(purchase) of investments 110.86 (675.16) Proceeds/ (deposits) from maturity of deposits placed with banks (182.84) 406.24 Net cash (used in)/ generated from investing activities (B) (145.28) (290.87) C. Cash flow from financing activities Proceeds from issue of equity share (including securities premium) 5.16 7.74 Proceeds from share application money pending allotment 0.25 1.30 Proceeds from debt securities 26,829.29 8.705.26 Repayment of debt securities (18,262.68) (5.784.84) Proceeds from borrowings (other than debt securities) 15,161.74 12,370.62 Repayment of borrowings (other than debt securities) (11,525.59) (9,838.84) Proceeds from subordinated liabilities 295.00 1,000.00 Repayment of subordinated liabilities - (31.71) Payment of lease liability (72.48) (56.70) Net cash (used in)/ generated from financing activities (C) 12,430.69 6,372.83 Net increase in cash and cash equivalents ( A + B + C ) 3,407.89 1,307.27 Add : Opening cash and cash equivalents as at the beginning of the year 1,322.39 528.23 Cash and cash equivalents as at the end of the year 4,730.28 _ 1.835.50 ‘4 SIGNED FOR IDENTIFICATION BY G. M. M. KAPADIA & CO. MUMBAI SIGNED FOR IDENTIFICATION 7,/ SHAH GUPTA & CO. CHARTERED ACCOUNTANTS MUMBAI
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IIFL FINANCE LIMITED CIN : L67100MH1995PLC093797 Regd. Office:- IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, Thane Industrial Estate, Wagle Estate, Thane — 400604 3. The above standalone financial results for the quarter and half year ended September 30, 2026, have been reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company at its meeting held on October 15, 2026. The Joint Statutory Auditors of the Company have carried out a limited review of the aforesaid results and have issued an unmodified conclusion. 4. These standalone financial results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial reporting" ("Ind AS 34") as prescribed under Section 133 of the Companies Act, 2013 read with relevant Rules issued there under, RBI Guidelines and other accounting principles generally accepted in India and in accordance with the requirements of Regulation 33 and 52 of the Securities and Exchange Board of India ("SEBI") (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. S. During the quarter ended September 30, 2026, the Company allotted 14,86,903 equity shares (previous quarter: 35,412) having face value of ₹ 2/- each on exercise of stock options under the Employee Stock Option Scheme(s). 6. The Company's main business is financing and investing activities. All other activities revolve around the main business. Further all activities are carried out within India. As such there are no separate reportable segments as per Indian Accounting Standard (Ind AS) 108 on operating segments. 7. The Company is a Non-Banking Financial Company registered with the RBI and is classified as a NBFC-Middle Layer (NBFC-ML) in accordance with the RBI (NBFC - Scale Based Regulation) Directions 2023. 8. The Income-tax Department conducted a search under Section 132 of the Income-tax Act, 1961 ("the Act") at the registered office and certain other premises of IIFL Finance Limited (the "Holding Company") and IIFL Home Finance Limited (the "Subsidiary Company") in January 2025. Pursuant to the notice issued under Section 158BC of the Act, the Company filed its return of income for the block period from April 1, 2018 to February 03, 2025 on December 3, 2025. Without prejudice to its rights and contentions, the Company disclosed additional income of ₹2.3S crore in the return so furnished. The Company has received an assessment order under Section 158BC(1)(c) of the Act dated May 12, 2026, pursuant to which a tax demand of ₹475.56 crore has been raised. The Company has filed an appeal against the said order before the relevant appellate authority and, based on the facts and legal position, believes that it has adequate grounds to substantiate its position in the appellate proceedings. The Company had also filed an application seeking stay of the outstanding demand. Pursuant thereto, the Income-tax Department has granted stay of the demand, subject to, inter alia, payment of 5% of the outstanding demand in instalments and compliance with other procedural conditions. The Company has duly complied with the conditions stipulated in the stay order. The Company has also filed an application seeking abeyance of the penalty proceedings and other applications before the Income-tax authorities, which are presently pending. Management, after considering all available records and facts, is of the view that there would not be any material adverse impact on the financial position of the Company and hence no material adjustments are required to be made in the financial results of the Company. I. I * SIGNED FOR IDENTIFICATION BY er.o-i-4-0(40,--1--, G. M. KAIADIA & CO. MUMBAI SIGNED FOR IDENTIFICATION BY SHAH GUPTA & CO. CHARTERED ACCOUNTANTS MUMBAI
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IIFL FINANCE LIMITED CIN : L67100MH1995PLC093797 Regd. Office:- IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, Thane Industrial Estate, Wagle Estate, Thane — 400604 9. Disclosures as per the notification no. RBI/DOR/2025-26/359 DOR.ACC.REC.No.278/21.04.018/2025-26 dated 28 November 2025 Reserve Bank of India (Nonbanking Financial Companies - Financial Statements: Presentation and Disclosures) Directions, 2025 relating to the total amount of loans not in default / stressed loans transferred and acquired to / from other entities: a) The Company has not acquired any loans, not in default, during the quarter ended September 30, 2026. b) The Company has not acquired any stressed loans during the quarter ended September 30, 2026. c) The Company has not transferred any stressed loans during the quarter ended September 30, 2026. d) Details of loans transferred which were not in default during the quarter ended September 30, 2026: Particulars Direct PTC Assignment Count of loan accounts assigned 2,83,881 84,999 Amount of loan accounts assigned (₹ in crore) 5,215.08 1,881.57 Weighted average maturity (in months) 19.16 20.21 Weighted average holding period (in months) 4.07 4.70 Retention of beneficial economic interest 10% 5.88% Coverage of tangible security coverage 100% , 100% Rating-wise distribution of rated loans Unrated Rated Break-up of loans transferred / acquired through assignment / novation and loan participation Direct Assignment deals Securitization deals Instances where we have agreed to replace loans transferred to transferee(s) or pay damages arising out of any representation or warranty Nil Nil e) Details on recovery ratings assigned for Security Receipts (SR) as on September 30, 2026: Recovery Rating^ Anticipated recovery as per recovery rating Outstanding face value (₹ in crore) RR3 50% - 75% 71.11 RR2 75% - 100% I 384.88 RR1 100% - 150% 1,835.84 Unrated* 385.00 Total 2,676.83 ^Recovery rating is assigned by external rating agency. *Pursuant to regulatory norms, the ARC shall obtain an initial rating of SRs from an approved credit rating agency within a period of six months from the date of acquisition of assets by it. SIGNED FOR IDE TIFICATION BY G. M. KAPADIA & CO. MUMBAI 1..SIGNED FOR IDENTIFICATION BY SHAH GUPTA & CO. CHARTERED ACCOUNTANTS MUMBAI
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IIFL FINANCE LIMITED CIN : L67100MH1995PLC093797 Regd. Office:- IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, Thane Industrial Estate, Wagle Estate, Thane — 400604 10. The Company had invoked resolution plans to relieve COVID-19 pandemic related stress to eligible borrowers as per notification no. RBI/2020-21/16 DOR.NO.BP.BC/3/21.04.048/2020-21 and RBI/2021- 22/31 DOR.STR.REC.11/21.04.048/2021-22 and policy approved by the Board of Directors of the Company. Disclosure for the half year ended September 30, 2026: ₹ in Crore Type of Borrower Exposure to accounts classified as Standard consequent to implementation of resolution plan — Position as at the end of the previous half-year (A) Of (A), aggregate debt that slipped into NPA during the half- year Of (A) amount written off during the half- year Of (A) amount paid by the borrowers during the half-year Exposure to accounts classified as Standard consequent to implementation of resolution plan — Position as at the end of this half- year Personal Loans 0.00 0.00 0.00 0.00 Rorporate Loans * 0.08 0.00 0.00 0.02 of which, MSME's 0.08 0.00 0.00 0.02 Others 0.00 0.00 0.00 0.00 Total 0.08 0.00 0.00 0.02 *As defined in Section 3(7) of the Insolvency and Bankruptcy Code, 2016 0.00 0.06 0.06 0.00 0.06 11. The Secured Non-Convertible Debentures are secured by way of a first pari passu charge on receivables of the Company, both present and future, book debts, loans and advances and current assets of the Company, except those receivables present and/or future specifically and exclusively charged in favor of certain existing charge holders and specified immovable property such that a security cover of 100% or higher (up to 125%) as per the terms of the offer document is maintained ti ll the time of maturity. 12. During the quarter ended September 30, 2026, the Finance Committee vide its resolution dated July 02, 2026, approved the pricing of USD 300,000,000 aggregate principal amount of 7.60% p.a. Fixed Rate, Senior, Secured Notes due 2030 ("Notes"), issued under Regulation S and/or Rule 144A of the U.S. Securities Act of 1933, pursuant to the Company's USD 1,500,000,000 Global Medium Term Note Programme, as updated through the Offering Circular dated May 25, 2026 and the Supplement Offering Circular dated July 01, 2026. Accordingly, the Company issued and allotted the Notes on July 10, 2026 and raised USD 300,000,000 therefrom. The Notes are listed on India International Exchange (IFSC) Limited and NSE IFSC Limited. SIGNED FOR IDE TIFICATION BY G. M. KAPADIA & CO. MUMBAI SIGNED FOR IDENTIFICATION 7 // SHAH GUPTA & CO. CHARTERED ACCOUNTANTS MUMBAI /
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IIFL FINANCE LIMITED CIN : L67100MH1995PLC093797 Regd. Office:- IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, Thane Industrial Estate, Wagle Estate, Thane — 400604 13. Disclosure on Co-Lending Arrangements as per Reserve Bank of India (Non-Banking Financial Companies — Financial Statements: Presentation and Disclosures) Directions, 2025 (Updated as on April 1, 2026): Particulars Amount (₹ in Crore) Quarter ended Period ended 1. Total outstanding loans under co-lending 13,092.00 2. Share retained by the Company (%) 20% 3. Share retained by Partner RE (%) 80% 4. Performance of total outstanding loans under co-lending A. Standard (%) 99.30% B. NPA (%) 0.70% 5. Number of active co-lending partners 13 6. Weighted average rate of interest 20.12% 20.09% 7. Product and sector in which co-lending is done Gold (Retail) 8. Service fee income 6.77 10.56 9. DLG exposure outstanding NA 14. Disclosures on the details of project finance during the quarter ended September 30, 2026 as required by Reserve Bank of India (Non-Banking Financial Companies - Financial Statements: Presentation and Disclosures) Directions, 2025 (Disclosures are made as per Ind AS financial statements except otherwise stated) Notification No. RBI/DOR/2025-26/359 Master Direction DOR.ACC.REC.No.278/21.04.018/2025-26 dated November 28, 2025. (₹ in crore) Sr. No. Description Number of accounts Total outstanding 1 Projects under implementation accounts at the beginning of the quarter 2 63.73 2 Projects under implementation accounts sanctioned during the quarter - - 3 Projects under implementation accounts where DCCO has been achieved during the quarter - 4 Projects under implementation accounts at the end of the quarter. (1+2-3) 2 63.73 5 Out of '4' — accounts in respect of which resolution process involving extension in original / extended DCCO, as the case may be, has been invoked. - - 5.1 Out of '5' — accounts in respect of which Resolution plan has been implemented. - - 5.2 Out of '5' — accounts in respect of which Resolution plan is under implementation. - - SIGNED FOR IDENTIFICATION BY G. M. KAPADIA & CO. MUMBAI SIGNED FOR IDENTIFICATION SHAH GUPTA & CO. CHARTERED ACCOUNTANTS MUMBAI ------;`,./..- '-'-7:>..•:,--. ' \\ _ _b.:7c , ...--,( ) ... 1 ! •. 1\ ' ` .3) co, .\ \ ........._.......,/y ,...........I.,_,,,
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IIFL FINANCE LIMITED CIN : L67100MH1995PLC093797 Regd. Office:- IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, Thane Industrial Estate, Wagle Estate, Thane — 400604 5.3 Out of '5' — accounts in respect of which Resolution plan has failed. - - 6 Out of '5', accounts in respect of which resolution process involving extension in original / extended DCCO, as the case may be, has been invoked due to change in scope and size of the project. - - 7 Out of '5', account in respect of which cost overrun associated with extension in original / extended DCCO, as the case may be, was funded - - 7 1 . Out of '7', accounts where SBCF was sanctioned during financial closure and renewed continuously - - 7.2 Out of '7', accounts where SBCF was not pre-sanctioned or renewed continuously - - 8 Out of '4' — accounts in respect of which resolution process not involving extension in original / extended DCCO, as the case may be, has been invoked. - - . 8 1 Out of '8' — accounts in respect of which Resolution plan has been implemented. - - 8.2 Out of '8' — accounts in respect of which Resolution plan is under implementation. - - . 8 3 Out of '8' — accounts in respect of which Resolution plan has failed. _ - 15. Disclosure in compliance with Regulation 52(4) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 is attached as Annexure 1. 16. The figures for the quarter ended September 30, 2026, and quarter ended September 30, 2025, are the balancing figures between unaudited figures in respect of the half year ended September 30, 2026, and September 30, 2026, and the unaudited figures of quarter ended June 30, 2026, and unaudited figures of quarter ended June 30, 2025, respectively. 17. Previous period/ year figures have been regrouped/ reclassified to make them comparable with those of the current period. By order of the Board For IIFL Finance Limited SIGNED FOR IDENTIFICATION BY G. M. M. KAPADIA & CO. MUMBAI Date: October 15, 2026 Place: Mumbai SIGNED FOR IDEN FICATION BY / SHAH GUPTA & CO. CHARTERED ACCOUNTANTS MUMBAI O Nirmal Jain Managing Director DIN: 00010535
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Annexure 1 Disclosure in compliance with Regulations 52(4) of of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, for the quarter and half year ended September 30 2026. Sr. No. Particulars Ratios Quarter ended September 30, 2026 Half year ended September 30, 2026 1) Debt - equity ratio la 5 97 2) Net gearing ratiolb 4.65 3) Debt service coverage ratio2 Not applicable 4) Interest service coverage ratio2 Not applicable 5) Outstanding redeemable preference shares (quantity) NIL 6) Outstanding redeemable preference shares (₹ in crore) NIL 7) Capital redemption reserve (₹ in crore) 230.11 8) Debenture redemption reserve (₹ in crore) 12.80 9) Net worth (₹ in crore)3 8,384.29 10) Net profit/ (loss) after tax (₹ in crore) 548.53 1015.64 11) Earning per share: (in ₹) (not annualised) a) Basic 12.89 23.87 b) Diluted 12.81 23.73 12) Current ratio2 Not applicable 13) Long term debt to working capital2 Not applicable 14) Bad debt to accounts receivable ratio2 Not applicable 15) Current liability ratio2 Not applicable 16) Total debt to total asset ratio4 0.82 17) Debtor turnover ratio2 Not applicable 18) Inventory turnover ratio2 Not applicable 19) Operating margin2 Not applicable 20) Net profit margins 20.98% I 20.48% 21) Sector specific ratio a) GNPA % 1.30% b) NNPA % 0.88% c) Specific provision coverage ratios 32.60% 22) Capital to risk-weighted assets ratio (CRAR) 17.03% Tier I CRAR 12.45% Tier II CRAR 4.58% 23) Liquidity coverage ratio for the quarter ended 286.24% Notes: la) Debt-equity ratio = Total borrowing/ total equity 1 b) Net gearing ratio = Total borrowing excluding securitisation and including cash and cash equivalents/ total equity 2) The Company is registered under the Reserve Bank of India Act, 1934 as Non-Banking Financial Company, hence these ratios are not applicable. 3) Networth means share capital plus reserves less miscellaneous expenditure to the extent not written off. 4) Total debt to total asset = Total borrowing/ total asset. 5) Net profit margin = Net profit after tax/ total income 6) Specific provision coverage = Stage 3 ECL provision/ gross non performing advances (GNPA) ,/,......,' • -*'-',."._,\, SIGNED FOR IDENTIFICATION BY G. M. KAPADIA & CO. MUMBAI SIGNE FOR IDENTIFICATION SHAH GUPTA & CO. CHARTERED ACCOUNTANTS MUMBAI
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Annexure B To G. M. KAPADIA & CO. (R EG ISTERED) CHARTERED ACCOUNTANTS 1007, RAHEJA CHAMBERS, 213, NARIMAN POINT, MUMBAI 400 021. INDIA PHONE : (91 -22) 6611 6611 FAX : (91-22) 6611 6600 The Board of Directors IIFL Finance Limited Mumbai Independent Auditor's Certificate on maintenance of security cover and compliance with the covenants as per the Off er Document / Information Memorandum / General Information Document/Key Information Document/Debenture Trust Deed pursuant to Regulation 54 read with Regulation 56(1)(d) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. 1. As required by Regulation 54 read with Regulation 56(1)(d) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and relevant provisions of the Securities and Exchange Board of India (Issue and Listing of Non Convertible Securities) Regulations, 2021 (collectively referred to as the "SEBI Regulations") as amended from time to time, IIFL Finance Limited ("the Company") desires a certificate regarding maintenance of security cover as per the terms of Offer Document(s) / Information Memorandum(s) / General Information Document and any addenda thereto, if any/ Key Information Document(s) and any addenda thereto, if any / Debenture Trust Deed(s) (collectively referred to as the "Offer Documents"), in the form of book debts/ receivables on the amounts due and payable to all secured lenders in respect of listed debt securities ("Secured Lenders") issued by the Company and compliance with financial & other covenants of the Offer Documents in respect of listed debt securities as on September 30, 2026. 2. This certificate is required by the Company also for the purpose of submission to the Debenture Trustee of the Company to ensure compliance with the SEBI Regulations and SEBI Master Circular No. HO/17 /11/12(2)2026-DDHS -PODl/I/22420/2026 dated September 28, 2026 (the "Mast er Circular") in respect of its listed non-convertible debt securities as on September 30, 2026. Management's Responsibility 3. The Management of the Company is responsib le for preparation of the attached Annexure-I (the "Statement") from the Unaudited Standalone Financial Statements, books of accounts and other relevant documents of the Company as at and for the half year ended September 30, 2026, and also, responsible for maintenance of all accounting and other relevant records and supporting documents. This responsibility includes the designing, implementation and maintenance of internal controls relevant to the preparation and presentation of the Statement and applying an opriate basis of preparation and making estimates that are reasonable in the circumstances. anagement is also responsible for: nsuring maintenance of the security cover available for debenture holders is more than the cover required as per the Offer Documents in respect of listed debt securities; MUMBAI DELHI-NCR CHENNAI BBNGALURU HYDERABAD JAIPUR
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G. M. KAPADIA & CO. b. accurate computation of security cover available for debenture holders based on the Unaudited Standalone Financial Statements of the Company as at and for the half year ended September 30, 2026; c. comp liance with the financial & other covenants of the Offer Documents in respect of listed debt securities; and d. ensur ing compliance with the SEBI Regulations and the Master Circular as stated in para 2 above. The attached Statement is certified by the head of treasury of the Company. We have stamped and initialled the attached Statement for identification purposes. 4. The management is responsibl e to ensure that all the information provided to us for the purposes of this certificate are true, complete and correct in all respect and are not misleading in any manner. Auditor's Responsibility for the Statement 5. Based on our examination of the security cover available for Secured Lenders, which has been prepared from the Unaudited Standalone Financial Statements as at and for the half yea r ended September 30, 2026, and relevant records of the Company, our responsibility is to provide limited assurance that security cover available for Secured Lenders has been maintained by the Company in accordance with the Offer Documents in respe ct of listed debt securiti es. Further, basis our examination, our responsibility is to provide limited assurance that prima facie the Compan y has complied with the financial & other covenants mentioned in the Offer Documents in respect of listed debt securities. 6. The procedure perform ed in limited assurance engagement vary in nature and timing from and are less in extent than for, reasonable assurance engagement and consequently, the level of assurance obtained in a limited assurance engagement is substantiall y lower than the assurance that would have been obtained had a reasonable assurance engagement been performed. We have performed the following procedures in relation to the Statem ent: i. Obtained and verified the particulars in the Statement as per the Offer Documents in respect of listed debt securities on sample basis; ii. Verified the particulars in the Statement on sample basis from the Unaudited Finan cial Statements prepared by the Management, books of accounts and other relevant documents and records submitted to us by the Company; iii. Examined the arithmetical accuracy of the computation of the security cover indicated in e Statement; ('l ·ified on test check basis the comp liance with the financial and other covena nts for the ter and half year ende d September 30, 2026; verification of the covenant is resh·icted to the particulars stated in the covenant register aintained by the Company; and
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G. M. KAPADIA & CO. vi. Performed inquiries with the Management and obtain ed necessar y Representation from the Manage ment with resp ect to the matters stated in the Statement. 7. We conduc ted our examination in accordance with the Guidance Note on Report s or Certificates for Special Purposes ("the Guidance Note") and Standards on Auditing issu ed by the Institute of Chartered Accountants of India ("ICAI"). The Guidanc e No te requir es that we comply with the ethical requirements of the Code of Ethics issued by the ICAI. 8. We have compli ed with the relevant applicable requir ements of the Standard on Quality Control (SQC) - 1, Quality Conh·ol for Firms that Perform Audits and Reviews of Historical Financial Information, and Other Assurance and Related Service Engagements. Conclusion 9. Based on our examination as mentioned above and according to the information and explana tions given to us, nothin g has come to our attention that causes us to believe that: a. The computation of security cover available for Secured Lenders contained in the Statement is not in agreement with the Unaudited Standalone Financial Statem ents as at and for the half year ended September 30, 2026, and other relevant records and documents maintain ed by the Company; b. Security cover available for Secured Lend ers is not 100 percent or more than the cover required as per the Offer Documents in respe ct of listed debt securities; and c. The Company has not comp lied with the financial and other covenants of the Offer Documents in respect of listed debt securities . Restriction on use 10.This Certifica te has been issued at the specific request of the Company pursuant to the requireme nts of the SEBI Regulations for onward submission to the Debentur e Trustees. It shou ld not be used by any other person or for any other pmpose. Accordingl y, we do not accept or assume any liability or any duty of care or for any other purpos e or to any other pasty to whom it is shown or into whose hands it may come without our prior consent in writin g. Place: Mumbai Dated this the 15th day of October, 2026 For G. M. Kapadia & Co. Chartered Accountan ts ICAI Firm Reg. No. 104767W ---- Atul Shah Partner embership No. 039569 UDIN: 26039569LCILXA8866
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Statement "-"""'A r-u-nK ColumnC Coti,mn D ~n-nE ~-.. --~ ,H r-u-•• "•'um;;,;-r Column I N EllClaslve Excllltlve ....,_,._ Patl•PUSII Anelsnotofferld Ellllllnatfon Cb8III CllaJce Charge Pall-'-Cbllte Cblrp •Becullly 1-•n ITatal CID HJ Ruled to 11111V"-1tem1 -,et1 by 111111 certlllcate nep!lw) Anltsllllaledbyparl Olher- Cmrylnt/book nllltlfDr carr,ln(Ylluelbook value P11141 debt holder 1111 Whleh there debt-Ill N,rlcel Value uelultve Chllllt IHI Market Vallle tor tor parl pnau dlalp OelCllpllon or Oelllfor Debt forWhlcll (lldudlsdlbtlor 11par1-,- c:anrlderedmore fo,Anels lllltar1mat1tetwllle II Parlpaau allllllWlllnffllrllet hr1lculln -lorlllllclt wllldllllll Olller lllllmrtlltcale Wllk:ltlllllcenlllcltefl cla,e lban-(dUelo clllflldon natncertalnlltle 0, wsae valllellnat-lllllnlble llllscet1111cate cedlllcatlt Secured Debt llelnllatllN lalledl,GllmdellC (exaiudhC llllclllllnplaspad EXl:lualw appUClllle (For Ee, Alwhvlll Dr IPPIIClble (For El, lank relate bllnglAUed WllhparlpaH nem, clMlled pmuchlfltJ 111111 llntlli.-,DSRA 11e1au,_1o Blllnce, DSRA market ffll-valuallnOI ColllmnF Cfllllit"" lneoleUmnF ................ , Vllllle II notappllcable)* - _11 .. ,~ ....... v.a- YHINn 8oall Value lloDlcValue ASSETS Property, Plant and Equipment Hypothecated 0.00 175.77 175.77 0.00 P,operty Caoltal Wolk-in- Prooress I 14.97 14.97 R11!ht or Use Assels 371 .87 371 .87 Goodwill lntan Ible As~ - - - I- -- - _ __ 3.17 -- - 3£ -- - - -- - -Intangib le Assets under 0.51 0.51 Dcvcloomcnt Investments Yes 3,529.03 2,528 .75 6,057 .78 3 529 .03 Loans The receivables of 7,266.96 Yes 40,423.01 586.57 48,276.53 40,423.01 Inventories the Company, Trade Receivables book debts , loans Yes 14.53 8.34 22.87 14.53 Cash and Cash Eau,valems and advances and Yes 4,730.28 4,730.28 4,730.28 Bank Balances other than Cash current assets of 406.81 and Cash Enuivalents the Company 229.99 185.69 822.49 229.99 Otl~rs --- ~ 1,124.73 ~ .224.90 ---- - 3,349.63 -- - --- - 1,124.74 Total 7,673 .77 50,051.57 6,100.54 63,825 .88 50,0SLSS LIABILITIES Debt securities to which this certificate erta lns Yes 5,300.76 5,300.76 - -- -- --- --- --- -- --- - - - - - -- Other debt sharing parl-passu charge with above debt No 27,840.27 27,840.27 OthtrDebt Subordinated del!!_ - --- -- ---- --- - - ---- 4,029 .05 1----- - >-- 4,029.05 - Borrowings Bank 7,266.95 7,266.9 5 Debl Secunties 6,902.65 6,902.65 Others Trade aavables 214 .01 214.01 Lease Lrabililies 466 .31 466.31 Pro'w'is1ons 1,127.52 1,127.52 Olhers 2.080.48 2,080. 48 Total 7,266.95 33,14L0 3 14.820 .02 55 228.00 Cover on Book Value" I ~~l_?n Mar1<e1_va1~e - Parl-P~su I ,- ·- t- -- - Security Cover 1.51 Rallo I • The 1eceivables of me Company iJte non lradmg book where loans are 1n the nature of held to matuflty and created wuh a sate obJeCtJVe of coflectmgprincipaf and interest. me Company hascons,dered the c.1r,y,ng value (before netting off ,mp,JJ/ment toss al(owance) tor lhis certi!Jcate • ·Asset cover raC/01s calculaled only tor debt torwh, ch this ce1r1flcare ,s ,ssued • • • rhe cou,t assets considered to, pail passu charge JS calculated based on asser covet requuement aspe, ,especttve bonowmgdocuments SIGNED FOR IDENTIFICATION BY ~ G. M. KAPADIA & CO. MU 1BAT For IIFL Finance limited Govlntl Modan,1.-c)l.,L--1~ Head• r,easury /NR In Crores ,o Tatll va1ue1-ic.-. ... +N) o.oo - - 3,529.03 40 423 .01 14.53 4,730.2 8 229.99 1,12'!.E_ 50,051 .58 -
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IIFL FINANCE Statement of Utilization of Issue Proceeds: Name ISIN Mode of Type of of the Fund instrument Issuer Raising (Public issues/ Private placement) 1 2 3 4 Non-Private INE530807674 Convertible Placement Private INE530808268 Placement IIFL Private Finance INE530807682 Placement Limited INE530B07674 Private (Reissue I) Placement Private INE530808276 Placement Sam rat Sanyat Company Secretary & Compliance Officer Place: Mumbai Date: October 15, 2026 Debentures Non- Convertible Debentures Non- Convertible Debentures Non- Convertible Debentures Non- Convertible Debentures Date of Amount raising Raised funds (INR in Crores) 5 6 02-09-2026 350.00 08-09-2026 100.00 09-09-2026 25.00 21-09-2026 130.00 30-09-2026 95.00 IIFL Finance Limited CIN No.: L67100MH1995PLC093797 Funds utilized (INR in Crores) 7 350.00 100.00 25.00 130.00 95.00 Any If 8 is Yes, deviation then {Yes/No) specify the purpose for which the funds were utilized 8 9 No NA No NA No NA No NA No NA Corporate Office - 802, 81h Floor, Hubtown Solaris, N.S. Phadke Marg, Vijay Nagar, Andherl East, Mumbai 400069 Tel: (91-22) 6788 1000. Fax: (91-22) 6788 1010 Regd. Office - IIFL House, Sun lnfotech Park, Road No. 16V, Plot No. B-23, Thane Industrial Area, Wagle Estate, Thane -400604 Tel: (91-22)41035000. Fax: (91-22) 25806654 E-mail: csteam@lifl.comWebsite:www.iifl.com Remarks, if any 10 NA NA NA NA NA Annexure C
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IIFL FINANCE Statement of Deviation/ Variation in use of Issue Proceeds: Particulars Remarks Name of listed entity IIFL Finance Limited Mode of fund raising Private Placement Type of instrument Non-Convertible Securities Date of raising funds Please refer Statement of utilization of issue proceeds given above Amount raised Please refer Statement of utilization of issue proceeds given above Report filed for the quarter ended September 30, 2026 Is there a deviation/ variation in use of funds raised? No Whether any approval is required to vary the objects of the NA issue stated in the prospectus/ offer document? If yes, details of the approval so required? NA Date of approval NA Explanation for the deviation/ variation NA Comments of the audit committee after review NA Comments of the auditors, if any NA Objects for which funds have been raised and where there has been a deviation/ variation, in the following table: Original object Modified Original Modified Funds Amount of deviation/ object, if any allocation allocation, utilised variation for the quarter if any according to applicable object (in Rs. crore and in%) There has been no deviation/ variation in the use of funds raised. Hence, not applicable. Deviation could mean: a. Deviation in the objects or purposes for which the funds have been raised. b. Deviation in the amount of funds actually utilized as against what was originally disclosed. Samrat Sanyal Company Secretary & Compliance Officer Place: Mumbai Date: October 15, 2026 IIFL Finance Limited CIN No.: L67100MH1995PLC093797 Remarks, if any Corporate Office -802, 8 th Floor, Hubtown Solaris, N.S. Phadke Marg, Vijay Nagar, Andheri East, Mumbai 400069 Tel: (91-22) 6788 1000. Fax: (91-22) 6788 1010 Regd. Office - IIFL House, Sun lnfotech Park, Road No. 16V, Plot No. B-23, Thane Industrial Area, Wagle Estate, Thane -400604 Tel: (91-22)41035000. Fax: (91 -22) 2S8066S4 E-mail: csteam@iifl.comWebsite:www.iifl.com
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IIFL Finance Limited CIN No.: L67100MH1995PLC093797 Corporate Office – 802, 8th Floor, Hub Town Solaris, N.S. Phadke Marg, Vijay Nagar, Andheri East, Mumbai 400069 Tel: (91-22) 6788 1000. Fax: (91-22) 6788 1010 Regd. Office – IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, Thane Industrial Area, Wagle Estate, Thane – 400604 Tel: (91-22) 41035000. Fax: (91-22) 25806654 E-mail: csteam@iifl.com Website: www.iifl.com Annexure D Details as required under Regulation 30 read with Schedule III of the Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Sr. No. Particulars Details 1. Reason for change viz. appointment, re-appointment, resignation, removal, death or otherwise; Consequent to increased professional commitments and responsibilities, Mr. R Venkataraman has been re- designated from Joint Managing Director to Non- Executive Non-Independent Director of the Company with effect from October 15, 2026, subject to approval of Members of the Company. 2. Date of appointment/ re- appointment/ cessation (as applicable) & term of appointment/ re-appointment Re-designated w.e.f. October 15, 2026 3. Brief Profile (in case of appointment) Not Applicable 4. Disclosure of relationships between directors (in case of appointment of a director). Not Applicable 5. Affirmation that the person proposed to be appointed as Director is not debarred from holding the office by virtue of any SEBI Order or any other authority - (Confirmation in compliance with SEBI master circular and erstwhile SEBI circular dated June 14, 2018 read along with Exchange Circular dated June 20, 2018) Not Applicable
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IIFL Finance Limited CIN No.: L67100MH1995PLC093797 Corporate Office – 802, 8th Floor, Hub Town Solaris, N.S. Phadke Marg, Vijay Nagar, Andheri East, Mumbai 400069 Tel: (91-22) 6788 1000. Fax: (91-22) 6788 1010 Regd. Office – IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, Thane Industrial Area, Wagle Estate, Thane – 400604 Tel: (91-22) 41035000. Fax: (91-22) 25806654 E-mail: csteam@iifl.com Website: www.iifl.com Annexure E Details as required under Regulation 30 read with Schedule III of the Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Sr. No. Particulars Details 1. Name of the target entity, details in brief such as size, turnover etc. India Infoline Foundation (“IIFL Foundation”) IIFL Foundation, a Section 8 company limited by guarantee without share capital, is the CSR arm of the IIFL Group. Turnover: Rs.35.50 Crore (as on March 31, 2026) 2. Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”; Yes, the proposed acquisition falls within Related Party Transaction. Pursuant to the proposed transaction, the membership interest and control of the Foundation will be transferred from IIFL Capital Services to IIFL Finance Limited. 3. Industry to which the entity being acquired belongs; Corporate Social Responsibility and Social Development Sector 4. Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity); The acquisition of IIFL Foundation is being undertaken as part of an internal restructuring/re-alignment amongst the group entities, pursuant to which IIFL Foundation is proposed to be transferred from IIFL Capital Services Limited to IIFL Finance Limited. 5. Brief details of any governmental or regulatory approvals required for the acquisition; The proposed acquisition is subject to receipt of requisite approval from the Regulatory Authorities under the applicable provisions of the Companies Act, 2013, and such other approvals, consents and compliances as may be applicable. 6. Indicative time period for completion of the acquisition; The proposed acquisition is expected to be completed upon execution of definitive documents and completion of applicable corporate, statutory and regulatory requirements. 7. Consideration - whether cash consideration or share swap or any other form and details of the same; No cash consideration or share swap is involved. IIFL Finance Limited shall undertake to contribute the prescribed amount towards the guarantee in its capacity as a member of IIFL Foundation. 8. Cost of acquisition and/or the price at which the shares are acquired; Not applicable, as no shares are being acquired. 9. Percentage of shareholding/ control acquired and/ or number of shares acquired; Not applicable, since IIFL Foundation is a Section 8 company limited by Guarantee. 10. Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief); IIFL Foundation is a Section 8 company limited by guarantee without share capital and serves as the CSR arm of the IIFL Group. It undertakes CSR initiatives primarily in the areas of health, education, environment, livelihood and poverty alleviation and has presence in India. Date of Incorporation: February 18, 2014 Turnover: 2025-26: Rs. 35.50 Crore 2024-25: Rs. 50.03 Crore 2023-24: Rs. 29.54 Crore
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IIFL Finance Limited CIN No.: L67100MH1995PLC093797 Corporate Office – 802, 8th Floor, Hub Town Solaris, N.S. Phadke Marg, Vijay Nagar, Andheri East, Mumbai 400069 Tel: (91-22) 6788 1000. Fax: (91-22) 6788 1010 Regd. Office – IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, Thane Industrial Area, Wagle Estate, Thane – 400604 Tel: (91-22) 41035000. Fax: (91-22) 25806654 E-mail: csteam@iifl.com Website: www.iifl.com