Revision in IFCI Benchmark Rate - Press Release
IFCI Ltd has informed BSE that the Company has reduced its lending benchmark rate, "IFCI Benchmark Rate (IBR)" from 12.70% to 12.20% p.a. with monthly rests. This new IBR shall be applicable from May 02, 2014. Auditors Report for March 31, 2014
IFCI Ltd has submitted to BSE a copy of Auditors Report for the period ended March 31, 2014. Board recommends Dividend
IFCI Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 29, 2014, inter alia, has transacted the following:1. Recommendation of Dividend on equity shares. The Board of Directors recommended dividend @ Re. 1 per equity share, i.e. 10% for the Financial Year ended March 31, 2014, subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company.... Announces Q4 & FY 14 results
IFCI Ltd has announced the following results for the quarter & year ended March 31, 2014:The Unaudited results for the Quarter ended March 31, 2014The Company has posted a net profit after tax of Rs. 1702.90 million for the quarter ended March 31, 2014 as compared to Rs. 1499.40 million for the quarter ended March 31, 2013. Total Income has increased from Rs. 7353.80 million for the quarter ended March 31, 2013 to Rs. 8297.20 million for the quarter ended March 31, 2014.... FY14 results on April 29, 2014
IFCI Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on April 29, 2014, inter alia, to consider and approve the Financial Results of the Company for the quarter / year ended March 31, 2014 and to consider dividend, if any. Shareholding Pattern For March 31, 2014
IFCI Ltd has informed BSE about the Shareholding Pattern as on March 31, 2014. Appointment of Director
IFCI Ltd has informed BSE that CA. K. S. Sreenivasan has been appointed as Director on the Board of the Company. Credit Rating
IFCI Ltd has informed BSE that Brickwork Ratings, after review of performance of IFCI, has reaffirmed the rating of NCDs issued by IFCI to "BWR AA-". The outlook for rating has been revised from Positive to Stable. Updates
With reference to the earlier announcement dated March 27, 2014 regarding issue of tax free, secured, redeemable, non-convertible bonds, IFCI Ltd has now informed BSE that the book building opened on March 27, 2014 for an issue of Rs. 215 crore with green shoe option upto Rs. 215 crore.The Book Building closed on March 28, 2014. Issue was fully subscribed with aggregate bids for Rs. 310 crore including green shoe option of Rs. 95 crore.