Updates
IFCI Ltd has informed BSE that Government of India, Ministry of Finance, Department of Revenue, CBDT has vide Notification no. 19/2014 dated March 26, 2014 (in continuation to Notification No. S.O.2424(E) dated August 08, 2013) has authorized IFCI LTD. to issue during Financial Year 2013-14, tax free, secured, redeemable, non-convertible bonds upto to Rs. 430 crore, as per the terms and conditions of the notification referred to above. Acquisition of IDBI Banks Ltd's equity shares in Stock Holding Corporation of India Ltd
IFCI Ltd has informed BSE regarding a Press Release dated March 21, 2014, titled "Acquisition of IDBI Banks Ltd's equity shares in Stock Holding Corporation of India Ltd". Announces Q3 Results & Limited Review Report for Dec 31, 2013
IFCI Ltd has announced the following results for the quarter ended December 31, 2013:The Un-Audited results for the Quarter ended December 31, 2013The Company has posted a net profit of Rs. 1423.90 million for the quarter ended December 31, 2013 as compared to Rs. 763.10 million for the quarter ended December 31, 2012. Total Income has increased from Rs. 6475.80 million for the quarter ended December 31, 2012 to Rs. 8030.60 million for the quarter ended December 31, 2013.... Q3 results on Feb 10, 2014
IFCI Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on February 10, 2014, inter alia, to consider and approve the Financial Results of the Company for the quarter / nine months ended December 31, 2013 (Q3). Credit Rating
IFCI Ltd has informed BSE regarding "Change in Credit Rating assigned by CARE Ltd". Outcome of Board Meeting
IFCI Ltd has informed BSE that:1. IFCI, for the first time has introduced an IFCI Benchmark Rate (IBR), the lowest rate at which it can lend, similar to the Base Rate of Banks. The Board of the Company approved the same at its meeting held on January 06, 2014. The IBR would be reviewed quarterly (or earlier, if required). The current IBR is fixed at 12.70% p.a. with monthly rests. The rate comes into force w.e.f. January 07, 2014. The IBR... Cancellation of Employee Stock Option Scheme 2011 (ESOP-2011)
IFCI Ltd has informed BSE that the Board of Directors in its Meeting held on July 28, 2011 had approved the Employee Stock Option Scheme 2011 (ESOP-2011) which was subsequently, approved by the shareholders in their Annual General Meeting held in 2011 to grant equity stock options to the employees under ESOP-2011 upto 3% of the Paid-up Equity Share Capital of the Company in aggregate.... Change in Directorate
IFCI Ltd has informed BSE about change in directorate as under:1. Shri Santosh B Nayar CEO&MD; - resigned from the Board of Company w.e.f. December 11, 2013.2. Shri Malay Mukherjee - appointed as CEO & MD of the Company w.e.f. December 12, 2013.3. Shri Achal Kumar Gupta - appointed as Deputy Managing Director of the Company w.e.f. December 12, 2013. Resignation of Director
IFCI Ltd has informed BSE that Shri Ashok Kumar Jha, Director, has resigned from the Board of the Company. Change in Directorate
IFCI Ltd has informed BSE that Shri. S V Ranganath has been appointed as Additional Director on the Board of the Company.