IFCI Limited
IFCI, previously known as Industrial Finance Corporation of India, is an Indian Government owned non banking finance company established to cater to the long-term finance needs of the industrial sector.
What IFCI files
- Others81
- Board Meeting11
- Important10
- Credit Ratings7
- Dividend/Bonus2
- QIP/Rights/Pref.2
IFCI sold its 40% equity stake in NEDFi for Rs 121.77 Cr. This strategic divestment, with an initial cost of Rs 10 Cr, generated a substantial gain of Rs 111.77 Cr, boosting IFCI's financials.
IFCI Limited received a three-month extension for its Annual General Meeting (AGM) for the FY ending March 31, 2025. The company will now hold the AGM on October 29, a procedural update in its corporate calendar.
IFCI Limited has received a 3-month extension to hold its Annual General Meeting for FY25. The company will convene the AGM through electronic mode within this extended period.
IFCI's Board has proposed a significant group consolidation plan to the Government of India. This involves two main mergers: first, StockHolding Corporation and other entities will merge into IFCI, strengthening its NBFC role with new opportunities in custodial and advisory services. Second, broking businesses will consolidate into a single direct...
IFCI Limited has updated its "Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information," effective from April 1, 2019. The revised code emphasizes the need for prompt public disclosures of any unpublished price-sensitive information to ensure transparency and prevent insider trading. Key guidelines include uniform dissemination...