Mumbai, January 3, 2026 – IIFL Finance Limited (BSE: 532636 | NSE: IIFL) has received a penalty order amounting to ₹15.05 lakh from the GST authorities in Delhi in relation to an alleged tax matter for FY22.
The order pertains to alleged non-payment of tax on exempt supplies for the period April 2021 to March 2022. The company received the order on January 2, 2026, and has stated that it intends to file an appeal with the relevant appellate authority within the stipulated timeframe.
IIFL Finance has clarified that the penalty does not have any material impact on its financial position, operations, or other business activities. The company continues to operate normally while it pursues appropriate legal remedies against the order.
About the Company
IIFL Finance Limited is a diversified non-banking financial company with operations spanning lending, wealth management, capital markets, and financial advisory services. The company is listed on both the BSE and the NSE and serves retail and institutional clients across India.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.