IIFL : Outcome of Board Meeting 25 Jan, 2016

January 25, 2017

The Manager, Listing Department, BSE Limited,

Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai 400 001

Tel No.: 22721233

Fax No.: 22723719/22723121/22722037 /

BSE Scrip Code: 532636

When it't,,; about n1oney.. IIFL

•

The Manager, Listing Department,

The National Stock Exchange of India Ltd., Exchange Plaza, 5 Floor, Plot C/1, G Block, Bandra - Kurla Complex, Bandra (E), Mumbai400 051

Tel No.:2659 8235 Fax No.: 26598237

NSE Symbol:IIFL

Dear Sir,

Sub: Unaudited Financial Results for quarter and nine months ended December 31 , 2016 and other updates.

1. Pursuant to SEBl(Listing Obligations and Disclosure Requirements)Regulations, 2015, we enclose the following:

2. Copy of the unauditedfinancial results of the Company for the quarter and ninemonths ended December 31,2016. Thesaid resultswere approved by theBoard of Directors of the Company at their meeting held today;and

3. Copy of the LimitedReview Reportfor thefinancial results for the quarterand nine months period ended December31,2016 submitted by theStatutory Auditors of the Company.

   The results are beinguploaded on the StockExchangewebsites athttp://www.nseindia.comand http://www.bsei ndia.com and on the website of the Company at http://www.indiainfoline.com.

4. .The Board of Directors of the Company has declared an interimdividend of Rs. 4.50 per equity shares of the face value of Rs. 2/- each for the financial year 2016-17. The Company has fixed February 03, 2017 as the record date for this purpose.

5. Further to our earlier intimationdated November 17, 2016 with regard to the proposed acquisition of the management and control of Samasta Microfinance Limited [Samasta"] a Bangalore based Non banking Finance Company -Micro Finance Institution [NBFC-MFI] registered withRBI by the Company's NBFC subsidiary namely Indialnfoline Finance limited{"IIFL"), we would liketo update that pursuant to the necessaryregulatory andother approvals, IIFL hasacquired 31,68,111 equity shares i.e. about28% of the equity capital of Samasta. IIFL Merchant Banking division acted as the Advisor for the transaction.

6. 4. The Board ofDirectors of IIFL Holdings Limited {"IHL") considered and noted the proposed draft Schemeof Arrangement envisaging the demerger of Real Estate Advisory services undertaking from IIFL Facilities Services Limited {"IFSL"), a wholly-owned-subsidiary of the Company into another wholly-owned-subsi diary in terms of the provisions of Companies Act, 2013.The aboveproposal does not envisage any change in the capital structure ofIIFL Holdings Limited or its interest in the aforesaidSubsidiaries. The appointed date of the

   approvals including National Company Law Tribunal {NCLT).

   IIFL Holdings Limited (Formerly"India lnfoline Limited")

   Corporate Identity Number: L74999MH1995PLC093797

   Corporate Office:IIFL Centre,Kamala City,Senapati Bapat Marg, Lower Pare!, Mumbai - 400 013 • Tel:[phone] • Fax: (9 - tf

   Regd. Office:IIFLHouse,Sun lnfotechPark, Road No. 16V,Plot No. B-23, MIDC,Thane Industrial Area, Wagle Estate,Thane - 400 604

   •Tel:[phone].Fax:[phone] •E-mail:[e-mail] •Website: www.indiainfoline.com

   Pursuant to the saiddemerger, IFSL's primary income willbe from rentals of commercialreal estate assetsowned by it. The proposed restructuring isbeing done to facilitatetransfer of IFSLas anSPV to aREIT, subject to requiredBoard, Shareholdersand regulatory approvals.

   The meeting of theBoard ofDirectors commenced at 01.30PM and concluded at 3.40P.M.

   Kindly take theabove on record and oblige.

   Thanking you,

   Yours faithfully,

   For IIFL Holdings Limited

   ·

   Gajendra Thakur Company Secretary & Compliance Officer

   Tel: [phone]

   Email Id:[e-mail]