IIFL Finance will issue secured redeemable non-convertible debentures (NCDs), aggregating to ₹300 crore, with a green-shoe option to retain over-subscription of up to ₹1,200 crore (aggregating to a total of ₹1,500 crore).

Source: https://www.thehindubusinessline.com/markets/iifl-finance-opens-public-issue-of-secured-bonds-to-raise-1500-crore/article66950246.ece

One was JIL’s participation in Etihad’s Project Box, a non-convertible debenture scheme, and JIL discontinuing its lease agreement with Turkish Airlines and giving the aircraft to Etihad at a massive loss.

Source: https://indianexpress.com/article/india/jil-sank-as-goyal-was-averse-to-change-wanted-his-opinion-to-be-supreme-jet-top-execs-to-ed-9014867/