IIFL Finance clears ₹6,414 crore fundraise; Blackstone affiliate to acquire 15.57% stake

CNBC-TV18 Newsbreak Confirmed: IIFL Finance's board has approved a ₹6,414 crore preferential issue, with a Blackstone affiliate investing ₹5,000 crore and promoters subscribing to warrants worth ₹1,264 crore.