April 01, 2021
The Manager, | The Manager, |
Listing Department, | Listing Department, |
BSE Limited, | The National Stock Exchange of India Ltd., Exchange |
Phiroze Jeejeebhoy Tower, | Plaza, 5 Floor, Plot C/1, G Block, |
Dalal Street, | Bandra - Kurla Complex, Bandra (E), |
Mumbai 400 001. | Mumbai 400 051. |
BSE Scrip Code: 532636 | NSE Symbol: IIFL |
Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure requirements), Regulation, 2015, as amended from time to time ("Listing Regulations")
Dear Sir/ Madam,
Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulation"), we hereby inform you that CRISIL Ratings, the credit rating agency, has revised its rating outlook on the long-term debt instruments and bank facilities of IIFL Finance Ltd to 'Stable' from 'Negative' and reaffirmed the long term rating at 'CRISIL AA/CRISIL PP- MLD AAr' as well as the short term rating at 'CRISIL A1+'.
Further we also hereby inform you that CRISIL has revised its rating outlook to 'Stable' from 'Negative' on the long-term debt instruments and bank facilities of IIFL Home Finance Limited ("IHFL") a wholly owned subsidiary of the Company and reaffirmed the long term rating at 'CRISIL AA/CRISIL PP-MLD AAr' as well as the short term rating at 'CRISIL A1+'.
The rating rationale is available on the website of CRISIL on the following link:
IIFL:https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/IIFLFinanceLimited_March%2 031,%202021_RR_267903.htmlIHFL:https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/IIFLHomeFinanceLimited_Ma rch%2031,%202021_RR_268129.html
Kindly take the above information on record and oblige.
Thanking you,
Yours faithfully,
For IIFL Finance Limited
(Formerly known as IIFL Holdings Limited)
SNEHA | Digitally signed by |
PATWARD | SNEHA |
PATWARDHAN | |
HAN | Date: 2021.04.01 |
15:45:29 +05'30' |
____________________________
Sneha Patwardhan
Company Secretary
IIFL Finance Limited (formerly known as IIFL Holdings 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
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IIFL Holdings Ltd. published this content on 01 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 April 2021 13:03:06 UTC.