IIFL Finance Limited announced that the Board of Directors of the Company vide resolution passed by circulation on May 1, 2024, considered, approved and took on record the following: Resignation of Mr. Chandran Ratnaswami (DIN: 00109215) as Non-Executive Director of the Company effective May 10, 2024, close of business hours, pursuant to attaining the age of 75 years on May 11, 2024. Appointment of Mr. Gopalakrishnan Soundarajan (DIN: 05242795) as an Additional Non-Executive Non-Independent Director of the Company effective May 11, 2024. Resignation of Mr. Shanker Ramrakhiani as Chief Information Security Officer of the Company effective May 10, 2024, close of business hours, in compliance with guidelines outlined in the RBI Master Direction on Information Technology Governance, Risk, Controls and Assurance Practices dated November 07, 2023.

Appointment of Mr. Sameer Gadve as Chief Information Security Officer of the Company, for a period of 3 years, effective May 11, 2024.