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Incorporated in August 2017, IBL Finance Limited is a fintech-based financial services platform that uses technology and data science to provide loans.
IBL Finance's Finance Committee approved a Draft Prospectus for a Public Issue of Secured, Rated Non-Convertible Debentures. The issue aims to raise up to ₹25 Cr (Base Issue) with an option to retain oversubscription of ₹25 Cr, totaling up to ₹50 Cr.
IBL Finance has set a book closure period for its 9th Annual General Meeting (AGM) and e-voting. This logistical update informs shareholders about the operational schedule for the upcoming meeting.
IBL Finance will conduct its 9th Annual General Meeting virtually to discuss company business. The Annual Report for FY25-26 and the AGM Notice are now accessible on the company's website and stock exchange platforms.
IBL Finance is exploring fund-raising avenues and engaged Comfort Securities for due diligence. This strategic move could potentially infuse new capital, supporting future growth.
IBL Finance's board approved the financial results for the half-year and year ended March 31, 2026. Annual net profit was ₹2.44 Cr (EPS ₹0.95) on revenue of ₹17.14 Cr, with an unmodified audit opinion.