Multibagger stock, Nov. 26 -- Non-banking financial company (NBFC) firm, IIFL Finance shares closed nearly 3% higher after Wednesday's stock market session, after the board of directors approved a Rs.2,000 crore fundraise move through the issuance of non-convertible debentures (NCDs).

"The Board of Directors of the company at their meeting held today, i.e. 26 November 2025, approved the public issue of secured, rated, listed, redeemable non-convertible debentures, with the shelf limit of up to Rs.2,000 Crore, including green shoe option, if any, in one or more tranches, in compliance with the provisions of the Sebi," the company informed the stock exchanges through its filings.

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