Outcome of Committee Meeting
IFCI Ltd has informed BSE that the Committee of Directors (constituted for the purpose of issue and allotment of equity shares on conversion of Rs. 523 crores Optionally Convertible Debentures held by the Government of India), at the Meeting held at on December 20, 2012 has allotted 52,30,00,000 (Fifty two crore thirty lakh) equity shares of the Company at par i.e Rs. 10/- each to the Government of India.20-12-2012