IIFL Finance shares dip 15% as firm receives I-T notice

Shares of IIFL Finance dipped by more than 15% on the NSE on Thursday to end at ₹528.25. This comes after the NBFC revealed it has received a notice from the Income Tax Department directing it to get its accounts audited for a specified block period. "The said direction...is procedural in nature," the firm said in an exchange filing.