Summary of Key Information:

Reporting Period (Quarter/Year): Not Applicable

Nature of Filing / Announcement: Regulatory filing under SEBI Listing Regulations for outcome of Board meeting

Audit Opinion:

Not Specified

Key Financial Highlights:

Corporate Actions:

1. Re-classification and Increase of Authorized Share Capital:

  • Current authorized capital: INR 971,05,00,000 divided into:
  • 235,52,50,000 equity shares of INR 2 each
  • 50,00,00,000 preference shares of INR 10 each
  • Proposed authorized capital: INR 5621,05,00,146 divided into:
  • 235,52,50,000 equity shares of INR 2 each
  • 8,55,48,173 preference shares of INR 602 each
  • Subject to shareholder approval

2. Preferential Issue of Securities:

  • Total aggregate consideration: INR 64,14,20,00,146
  • Securities to be issued:
  • 8,55,48,173 compulsorily convertible preference shares of face value INR 602 each
  • 2,10,00,000 warrants

Investor Allocation Details:

| Investor | Security Type | Quantity | Price per Security | Total Consideration |

| Ingot SG Pte. Ltd. | Compulsorily Convertible Preference Shares | 8,30,56,478 | INR 602 | INR 4999,99,99,756 |

| Anchorage Capital Scheme II | Compulsorily Convertible Preference Shares | 9,96,678 | INR 602 | INR 60,00,00,156 |

| Anchorage Capital Scheme III | Compulsorily Convertible Preference Shares | 14,95,017 | INR 602 | INR 90,00,00,234 |

| Nirmal Bhanwarlal Jain | Warrants | 1,50,00,000 | INR 602 | INR 903,00,00,000* |

| Venkataraman Rajamani | Warrants | 45,00,000 | INR 602 | INR 270,90,00,000* |

| Ardent Impex Private Limited | Warrants | 15,00,000 | INR 602 | INR 90,30,00,000* |

*For warrants: 25% payable upfront, 75% payable at time of exercise

Conversion Terms:

  • Preference shares convert to equity shares at earlier of: (i) agreed date between holders and company, or (ii) mandatorily after 17 months and 15 days from allotment
  • Warrants convertible within 18 months from allotment date
  • All converted equity shares will rank pari passu with existing shares

Post-Issue Shareholding Pattern (fully diluted basis):

| Investor | Pre-Issue Shares | Pre-Issue % | Post-Issue Shares | Post-Issue % |

| Ingot SG Pte. Ltd. | Nil | Nil | 8,30,56,478 | 15.57% |

| Anchorage Capital Scheme II | Nil | Nil | 9,96,678 | 0.19% |

| Anchorage Capital Scheme III | Nil | Nil | 14,95,017 | 0.28% |

| Nirmal Bhanwarlal Jain | 5,34,40,570 | 12.52% | 6,84,40,570 | 12.83% |

| Venkataraman Rajamani | 1,23,01,441 | 2.88% | 1,68,01,441 | 3.15% |

| Ardent Impex Private Limited | 36,32,115 | 0.85% | 51,32,115 | 0.96% |

3. Amendments to Articles of Association:

  • Insert new Article 13A for issuing warrants/convertible securities on preferential basis
  • Delete and substitute existing Article 13
  • Incorporate terms of Subscription Agreement 1 into AOA
  • Grant special rights to Investor 1 (Ingot SG Pte. Ltd.)

Special Rights to Investor 1:

  • Right to nominate 2 non-executive directors while holding ≥10% stake
  • Right to nominate 1 non-executive director to IIFL Finance, 1 to IIFL Home Finance, and 2 to IIFL Samasta Finance while holding ≥7.5% stake
  • Customary reserved matters requiring affirmative vote
  • Pre-emptive rights on further issuances

4. Extra-Ordinary General Meeting:

  • Date: December 4, 2026 at 11:00 a.m. (IST)
  • Mode: Video Conference or Other Audio-Visual Means
  • Agenda items:
  • Approval for capital reclassification and increase
  • Approval for preferential issue
  • Approval for AOA amendments and special rights
  • Re-designation of Mr. Venkataraman Rajamani from Joint Managing Director to Non-Executive Non-Independent Director

Other Significant Information:

  • No change in control of the company
  • Investors are not related to promoter/promoter group
  • Transaction does not qualify as related party transaction
  • The preferential issue will be undertaken for cash consideration