Ifci Shares

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  IFCI To Exit Non-Core Business By Selling 45.5% In Hardicon

  Hardicon is a non-listed associate company of IFCI. It is owned by financial institutions like IFCI, SIDBI, SBI and several other public banks and state-level entities.

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  IFCI Offloads Entire Stake In In Hardicon

  Hardicon is a non-listed associate company of IFCI. It is owned by financial institutions like IFCI, SIDBI, SBI and several other public banks and state-level entities.

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  Axis Bank Buys 13.6 Per Cent Stake Of IFCI Stake In ACRE For Rs 23 Crore

  The share sale was at Rs 31 per share, resulting in a total cash consideration of Rs 22.72 crore.

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  IFCI Sells Rs 89-Crore Stake In National Stock Exchange

  Infrastructure lender IFCI has sold an about 0.5 per cent stake in the National Stock Exchange (NSE) for Rs 89 crore at a time when the bourse is firming up plans for listing.

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  IFCI Offloads Rs 59-Crore Stake in National Stock Exchange

  Infrastructure lender IFCI has sold its 0.34 per cent stake in National Stock Exchange (NSE) for Rs 59.2 crore.

• IFCI Posts 5% Rise in September Quarter Profit

  IFCI Ltd on Thursday reported a 5 per cent rise in net profit at Rs 182.61 crore for the fiscal second quarter that ended on September 30, 2015.

• IFCI Declares 10% Interim Dividend

  The board has declared interim dividend of Rs 1 per equity share of Rs 10 each, IFCI said in a statement.

• Government to Buy IFCI Preferential Shares to Up Stake to 50%

  Currently, the Governments stake in IFCI going by the paid-up capital, including both the equity capital and preference shares, is around 48 per cent which will go above 50 per cent with this exercise, he said.

• IFCI Invokes 1 Lakh Shares of Bhushan Steel

  Financial institution IFCI Ltd has invoked one lakh shares in Bhushan Steel that were pledged by the debt-ridden company's promoter Neeraj Singal.

• Sebi drops charges against three entities in Maytas Infra case

  The Securities and Exchange Board of India (Sebi) has dismissed a case against three entities for their alleged involvement in the fraudulent and unfair trade practices in the shares of erstwhile Maytas Infra nearly five years ago.

• IFCI, M&M Financial, Shriram transport up on banking licence hopes

  Shares in companies hopeful of bagging new bank licences saw buying interest in a lacklustre market on Tuesday. Among these candidates, IFCI shares gained 2.4 per cent, Mahindra and Mahindra Financial Services rose 1.8 per cent, and Shriram transport Finance advanced 1 per cent.

• IFCI shares plunge 14% after Sebi exempts govt from open offer

  Shares in IFCI plunged 14 per cent in early trade after market regulator Sebi (Securities and Exchange Board of India) approved a proposed hike of the government's stake in the firm to 55.57 per cent without triggering an open offer for shares of public investors.

• Government's stake hike in IFCI to 55.57 per cent gets Sebi nod

  The Union Cabinet last month approved a proposal for conversion of debentures worth Rs 923 crore into shares of IFCI.

• IFCI shares fall for 2nd day; retail sentiment hit

  IFCI has huge interest among retail shareholders with over 1 mn people holding 43% of its Rs 787 cr equity.

• Govt move to convert IFCI debentures to hit retail investors

  Larger equity base, after the conversion of debentures, will sharply dilute the earnings per share for IFCI.