IIFL Finance Fully Redeems ₹2.93 billion Commercial Paper
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IIFL Finance fully redeemed its commercial paper on the scheduled maturity date, clearing the liability entirely.
- ₹2,93,20,00,000 (≈ ₹2.93 billion) paid out as a one‑time cash outflow, fully anticipated in cash‑flow planning.
- All 5,864 CPs (ISIN INE530B14FJ9) matured on 21 Apr 2026, leaving ₹0 outstanding.
- Redemption is a financing activity, so it has no impact on profit & loss.
- Eliminating the CP liability improves net‑debt ratios and frees borrowing capacity.
- The move complies with SEBI Master Circular requirements, underscoring strong cash‑management and regulatory adherence.
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