5326362026-11-102026-11-105326362026-11-105326362026-11-102026-11-10PartiesOfTheAgreementDomain15326362026-11-10PartiesOfTheAgreementDomain15326362026-11-102026-11-10PartiesOfTheAgreementDomain25326362026-11-10PartiesOfTheAgreementDomain25326362026-11-102026-11-10PartiesOfTheAgreementDomain35326362026-11-10PartiesOfTheAgreementDomain35326362026-11-102026-11-10PartiesOfTheAgreementDomain45326362026-11-10PartiesOfTheAgreementDomain45326362026-11-102026-11-10PartiesOfTheAgreementDomain55326362026-11-10PartiesOfTheAgreementDomain55326362026-11-102026-11-10PartiesOfTheAgreementDomain65326362026-11-10PartiesOfTheAgreementDomain65326362026-11-102026-11-10PartiesOfTheAgreementDomain75326362026-11-10PartiesOfTheAgreementDomain7xbrli:purexbrli:sharesiso4217:INRxbrli:sharesIIFL Finance LimitedIIFLNewOthersSecurities Subscription AgreementExecution of agreementListed Entitytrue2026-11-1014:00:00true2026-11-10In connection with the Preferential Issue, the Board has approved the execution of and entering into: (i) the securities subscription agreement dated November 10, 2026 amongst the Company, Ingot SG Pte. Ltd., Mr. Nirmal Bhanwarlal Jain and Mr. Venkataraman Rajamani (“Subscription Agreement 1”); (ii) the share subscription agreement dated November 10, 2026 amongst the Company, Anchorage Capital Scheme II, a category II alternative investment fund registered with the SEBI and Anchorage Capital Scheme III, a category II alternative investment fund registered with SEBI (“Subscription Agreement 2”); and (iii) the warrant subscription agreement dated November 10, 2026 amongst the Company, Mr. Nirmal Bhanwarlal Jain, Mr. Venkataraman Rajamani and Ardent Impex Private Limited (“Subscription Agreement 3”) (collectively, “Subscription Agreements”).2026-11-10falsePursuant to the consummation of the transactions contemplated under Subscription Agreement 1, Subscription Agreement 2 and/ or Subscription Agreement 3, there will be no change in control of the Company.Pursuant to the consummation of the transactions contemplated under Subscription Agreement 1, Subscription Agreement 2 and/ or Subscription Agreement 3, there will be no change in control of the Company.7IIFL Finance Limited ("Company")Party entering into the agreement0falseIngot SG Pte. Ltd.Counterparties to the agreement000falseAnchorage Capital Scheme II, a category II alternative investment fund registered with the SEBICounterparties to the agreement000falseAnchorage Capital Scheme III, a category II alternative investment fund registered with SEBICounterparties to the agreement000falseMr. Nirmal Bhanwarlal JainCounterparties to the agreementYes534405700.1252truePromoterMr. Venkataraman RajamaniCounterparties to the agreementYes123014410.0288truePromoterArdent Impex Private LimitedCounterparties to the agreementYes36321150.0085truePromoter Groupfalse2026-11-10Issuance of compulsorily convertible preference shares and warrants by way of preferential issue on a private placement basisKey Terms of Subscription Agreement 1 are set out below: (a) The consummation of the Preferential Issue is subject to the satisfaction of conditions precedent including receipt of shareholders’ approval, applicable regulatory/statutory approvals (including approval of Competition Commission of India) and in-principle approvals from BSE Limited and National Stock Exchange of India Limited, and on terms and conditions as set out in Subscription Agreement 1. (b) Subscription Agreement 1 prescribes customary interim period covenants from the date of execution of Subscription Agreement 1 till the completion of the Preferential Issue to Investor 1, such as conducting business in ordinary course, etc., to protect and preserve the value of the Company. (c) Subscription Agreement 1 inter alia includes customary provisions dealing with representations, warranties, indemnities, non-compete, etc. (d) Special Rights to Investor 1 effective from the Completion Date (as defined in Subscription Agreement 1): Certain special rights are proposed to be granted to Investor 1, which will be incorporated in the Restated Articles, subject to receipt of approval of the shareholders of the Company by means of a special resolution as per Regulation 31B of the Listing Regulations. These include inter alia the following: (i) For as long as Investor 1 and/or its affiliates, in aggregate, have 5,35,68,952 (Five Crores Thirty Five Lakhs Sixty Eight Thousand Nine Hundred and Fifty Two) equity shares or CCPS (c. 10%) as adjusted for certain corporate actions in accordance with the Subscription Agreement 1, Investor 1 shall have the right to nominate 2 (two) retiring non-executive directors on the Board; (ii) For as long as Investor 1 and/or its affiliates, in aggregate, have 4,01,76,714 (Four Crores One Lakh Seventy Six Thousand Seven Hundred and Fourteen) equity shares or CCPS (c. 7.5%) as adjusted for certain corporate actions in accordance with the Subscription Agreement 1, Investor 1 shall have the right to nominate: (1) 1 (one) retiring non-executive director on the Board of the Company (without duplication with paragraph (i) above), (2) 1 (one) retiring non-executive director on the board of directors of IIFL Home Finance Limited, and (3) 2 (two) retiring non-executive directors on the board of directors of IIFL Samasta Finance Limited; (iii) Customary reserved matters rights requiring the affirmative vote, or affirmative written consent of Investor 1 for as long as Investor 1 and/or its affiliates, in aggregate, has shareholding above certain thresholds specified in Subscription Agreement 1; and (iv) Investor 1 shall have the pre-emptive right to subscribe to further issuances by the Company in accordance with the terms under the Subscription Agreement 1 as long as Investor 1 and/or its affiliates, in aggregate, have shareholding above certain thresholds specified in Subscription Agreement 1. Key Terms of Subscription Agreement 2 and Subscription Agreement 3 are set out below: The consummation of the Preferential Issue is subject to the satisfaction of conditions precedent including receipt of shareholders’ approval, applicable regulatory/statutory approvals and in-principle approvals from BSE Limited and National Stock Exchange of India Limited, and on terms and conditions as set out in Subscription Agreement 2 and/or Subscription Agreement 3 (as applicable). No special rights will be granted to Investor 2 and Investor 3.trueCompulsorily Convertible Preference Shares and Warrants602As mentioned in the Significant terms above and Dividend will be payable to the respective holders of the Subscription Shares and Anchorage Subscription Shares as per the terms of Subscription Agreement 1 and Subscription Agreement 2, respectively There are no liabilities imposed on the Company under Subscription Agreement 3.The XBRL contains intimation of 3 agreements entered and executed by the Company, in connection with the Preferential Issue, details of which are as under: <BR> <BR> (i) the securities subscription agreement dated November 10, 2026 amongst the Company, Ingot SG Pte. Ltd., Mr. Nirmal <BR> Bhanwarlal Jain and Mr. Venkataraman Rajamani (“Subscription Agreement 1”); <BR> <BR> (ii) the share subscription agreement dated November 10, 2026 amongst the Company, Anchorage Capital Scheme II, a category II alternative investment fund registered with the SEBI and Anchorage Capital Scheme III, a category II alternative investment fund registered with SEBI (“Subscription Agreement 2”); and <BR> <BR> (iii) the warrant subscription agreement dated November 10, 2026 amongst the Company, Mr. Nirmal Bhanwarlal Jain, Mr. Venkataraman Rajamani and Ardent Impex Private Limited (“Subscription Agreement 3”) (collectively, “Subscription Agreements”).