Outcome of Board Meeting
IFCI Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 04, 2016, has approved the following:1. The partial disinvestment of equity shareholding of IFCI in Stock Holding Corporation of India Limited (SHCIL), and2. The disinvestment of entire stake of IFCI in Assets Care and Reconstruction Enterprise Limited (ACRE).04-01-2016