IIFL Finance Limited promoters Nirmal Bhanwarlal Jain and R Venkataraman have submitted a disclosure to stock exchanges confirming that no encumbrance was created on their shareholding during the financial year ended March 31, 2026. The disclosure was filed under Regulation 31(4) of the SEBI Takeover Regulations.
Promoters, promoter group members, and persons acting in concert together held 10,56,74,667 shares in IIFL Finance as of March 31, 2026. The filing provides a detailed category-wise breakdown of these holdings across promoter, promoter group, and persons acting in concert categories.
Nirmal Bhanwarlal Jain, a promoter, holds 5,34,40,570 shares in the company. Madhu N Jain, classified under the promoter group, holds 1,35,22,764 shares. R Venkataraman, also a promoter, holds 1,23,01,441 shares. Mansukhlal Jain and Pritesh Ashwin Mehta, as trustees of Nirmal Madhu Family Private Trust, hold 1,11,11,111 shares.
Aditi Avinash Athavankar, as trustee of Kalki Family Private Trust, holds 1,00,00,000 shares and personally holds 2,22,222 shares in the promoter group. Two entities classified as persons acting in concert hold stakes in IIFL Finance: Ardent Impex Private Limited with 36,32,115 shares and Orpheus Trading Private Limited with 14,44,444 shares.
The disclosure was signed by both promoters. No direct or indirect encumbrance was created on any of the promoter and promoter group holdings during the 2025-26 financial year.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.