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IIFL Finance Ltd.

BSE: 532636 Sector: Financials
NSE: IIFL ISIN Code: INE530B01024
BSE 00:00 | 24 Apr IIFL Finance Ltd
NSE 05:30 | 01 Jan IIFL Finance Ltd

Announcement under Regulation 30 (LODR)-Credit Rating

April 22, 2020, 5:48 pm | Source: BSE

We would like to inform that pursuant to the order passed by Honble National Company Law Tribunal
(NCLT) dated March 07 2019 approving the Composite Scheme of Arrangement (Scheme) the merger of
India Infoline Finance Limited with IIFL Finance Limited (the Company) was effected on March 30 2020.
Pursuant to the said merger all debt instruments commercial paper and bank facilities were transferred
from India Infoline Finance Limited to IIFL Finance Limited.

In view of above ICRA Limited (ICRA) and Brickwork Ratings (Brickwork) has assigned and confirmed the
same ratings to IIFL Finance Limited in place of India Infoline Finance Limited as per enclosed rating
rationale.

Kindly take the same on record and oblige.