SMALLCAP World Fund Substantially Reduces Stake in IIFL Finance to 1.8147%

IIFL Finance Ltd. received a substantial disposal disclosure under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, filed on 14 May 2026. The disclosure was made by SMALLCAP World Fund, Inc., a non-promoter entity, pertaining to a significant reduction in its shareholding in the company.

Disposal Details

On 13 May 2026, SMALLCAP World Fund, Inc. executed a net sale of shares through the open market, offloading a total of 14,364,701 shares, representing 3.3875% of the total share/voting capital of IIFL Finance. The transaction was authorized by Christopher J. Salo, Authorized Signer, based in Los Angeles, California, and the disclosure was signed on 14 May 2026.

Pre- and Post-Transaction Shareholding

The table below summarises the change in SMALLCAP World Fund's holding in IIFL Finance as a result of the disposal:

Metric: Before Disposal After Disposal Shares Carrying Voting Rights: 22,082,233 7,717,532 % of Total Share/Voting Capital: 5.2022% 1.8147% % of Total Diluted Share/Voting Capital: 5.2022% 1.8147% Shares Disposed: — 14,364,701 % Disposed of Total Capital: — 3.3875%

No shares were held under encumbrance, pledge, lien, or non-disposal undertaking, and no voting rights were held otherwise than by shares, either before or after the transaction.

Share Capital of IIFL Finance

The equity share capital and total voting capital of IIFL Finance stood at 424,479,416 shares prior to the disposal. Following the transaction, the equity share capital and total voting capital of the company, as well as the total diluted share/voting capital, stood at 425,289,575 shares.

Transaction Summary

Key parameters of the disclosed transaction are outlined below:

Parameter: Details Mode of Sale: Net sale through open market Date of Sale: 13 May 2026 Date of Disclosure: 14 May 2026 Acquirer/Seller: SMALLCAP World Fund, Inc. Acquirer Category: Non-Promoter Authorized Signatory: Christopher J. Salo Place of Signing: Los Angeles, California

The disclosure was made in compliance with Regulation 29(2) of the SEBI SAST Regulations, 2011, which mandates reporting of acquisitions or disposals that cross specified thresholds in the shareholding of a listed company.

iifl finance has announced the re-purchase and cancellation of a portion of its Senior Secured Fixed Rate Notes due 2028. The company settled USD 12,615,301.22, which includes accrued interest, out of the total principal outstanding amount of USD 425,000,000. The re-purchase was conducted at a premium.

Transaction Details

The transaction pertains to notes issued under Regulation S and Rule 144A of the U.S. Securities Act 1933. The specific ISIN for the repurchased notes is USY3R78RET83. The re-purchase was executed within the limit approved by the Authorised Dealer bank.

Metric Details Total Principal Outstanding USD 425,000,000 Amount Re-purchased USD 12,615,301.22 Re-purchase Price At a premium ISIN USY3R78RET83 Maturity 2028

Regulatory Compliance

The re-purchase of the notes is in compliance with the applicable laws, including the Foreign Exchange Management (Borrowing and Lending) Regulations, 2018. It also adheres to the Reserve Bank of India Master Direction regarding External Commercial Borrowings, Trade Credits, and Structured Obligations. The company confirmed that the action was taken pursuant to Regulation 30 and Regulation 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as well as Regulation 116 of the International Financial Services Centres Authority (Listing) Regulations, 2024.

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