IIFL Finance Limited (IIFL) — Board Meeting | 25 August 2026(2 announcements)
IIFL Finance disclosed a tax demand of ₹963.39 crore from its subsidiary IIFL Home Finance for assessment years 2018-25, which was partially stayed by the Income Tax Authority requiring payment of only ₹23.78 crore (5% of demand) in installments through December 31, 2026. The company paid the first installment of ₹5 crore on August 13, 2026 and is contesting the demand through appeals, stating it believes the matter will not materially impact operations or financial position.
IIFL Finance announced that its subsidiary IIFL Home Finance received a tax demand of ₹963.39 crore from the Income Tax Authority, which was partially stayed subject to paying ₹23.78 crore in five installments by December 31, 2026. The first installment of ₹5 crore was paid on August 13, 2026. The company believes it has strong legal grounds to contest the additions related to ORC income, disallowed deductions, and ESOP expenses, and expects no material impact on operations or financial position.
About IIFL Finance Limited (IIFL)
Financial Services · Finance · Listed on NSE
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📊 More IIFL filings
- 🔴 Announcement — 11 September 2026 IIFL Finance announced the resignation of two senior executives, Binay Kumar Mishra, Head of Legal, ...
- 🔴 Corporate Action — 10 September 2026 IIFL Finance announced the allotment of 14,30,848 equity shares to eligible employees upon exercise ...
- 🔴 Announcement — 9 September 2026 IIFL Finance clarified that rumors about Fairfax exiting to fund an IDBI Bank bid are unverified and...
- 🔴 Corporate Action — 9 September 2026 IIFL Finance announced on September 9, 2026, the allotment of 2,500 secured listed rated redeemable ...
- 🔴 Corporate Action — 8 September 2026 IIFL Finance announced on September 8, 2026, the allotment of 10,000 non-convertible debentures unde...
🔥 Also filed on 25 August 2026
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