IIFL Capital Services Limited, formerly known as IIFL Securities Limited, announced that its Preferential Issue Committee has approved the allotment of 5,71,42,857 equity shares to FIH Mauritius Investments Ltd at an issue price of Rs 350 per share, aggregating to Rs 1,999,99,99,950, according to a regulatory filing on November 4, 2026. The allotment follows regulatory approvals and a board decision from May 7, 2026, and increases the company's issued, subscribed, and paid-up equity share capital from 315,532,512 to 372,675,369 shares.