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IFCI share news and announcements

NSE: IFCIBSE: 500106FinanceSmall Cap

Formerly Industrial Finance Corporation of India
Last close ₹59.28down ₹2.01 (3.28%)BSE ₹59.28

Share price at the NSE close on 23 Oct 2026. Previous close ₹61.29.

52-week range of traded prices to 23 Oct 2026
₹46.23Low, 18 Dec 2025₹107.50High, 4 Sep 2026
Market cap
₹15,972 Cr391st largest listed
P/E
91.6
P/B
1.8
Dividend yield
Nonein the last 12 months
ROE
2.0%
ROCE
4.6%
Debt to equity
0.23
Volume, NSE
2,48,37,77227.9% delivered

IFCI share news and announcements

896 announcements, routine notices left out, newest first. Page 18 of 18.

  1. Apr 2008

    • 29 Apr · Results

      Standalone Results for the year ended on 31-MAR-2008 as follows: Net Sales of Rs. 196300 lacs for year ending on 31-MAR-2008 against Rs. 198973 lacs for the year ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 102057 lacs for the year ending on 31-MAR-2008 against Rs. 89802 lacs for the year ending on 31-MAR-2007.
    • 29 Apr · Results

      Consolidated Results for the year ended on 31-MAR-2008 as follows: Net Sales of Rs. 196826 lacs for year ending on 31-MAR-2008 against Rs. 199369 lacs for the year ending on 31-MAR-2007. Net Profit / (Loss) of Rs. 102240 lacs for the year ending on 31-MAR-2008 against Rs. 89864 lacs for the year ending on 31-MAR-2007.
    • 17 Apr · Board meeting

      Inter-alia, to approve the Audited Financial Results of the Company for the quarter/year ended March 31, 2008.
  2. Mar 2008

    • 24 Mar · Management

      Shri P. S. Shenoy has resigned as Director of the Company w.e.f. March 08, 2008.
    • 5 Mar · Change in Company Secretary

      Consequent upon change in the posting of Shri. S. P. Arora, Company Secretary of IFCI, to another department, Ms. Rupa Sarkar, Asstt. General Manager, has been designated Company Secretary & Compliance Officer of the company with effect from March 3, 2008.
  3. Feb 2008

    • 1 Feb · Allotment of Equity Shares

      30 (thirty) Public Sector Banks and Financial Institutions who were holding Zero Coupon Optionally Convertible Debentures (ZCOCD) have been allotted 12,37,37,735 nos (Twelve crores, thirty seven lacs, thirty seven thousand seven hundred and thirty five only) of Equity Shares @ of RS. 107/- per share (including premium of Rs. 97/- per share) upon conversion of ZCOCDs of Rs. 1323.99 crores. Return is being filed with ROC and other formalities are being complied with for the issuance of the aforesaid equity shares.
  4. Jan 2008

    • 18 Jan · Results

      Standalone Results for the quarter ended on 31-DEC-2007 as follows: Net Sales of Rs. 57440 lacs for quarter ending on 31-DEC-2007 against Rs. 36166 lacs for the quarter ending on 31-DEC-2006. Net Profit / (Loss) of Rs. 31894 lacs for the quarter ending on 31-DEC-2007 against Rs. 12937 lacs for the quarter ending on 31-DEC-2006.
    • 9 Jan · Board meeting

      Inter-alia, to approve the Audited Financial Results of the Company for the quarter ended December 31, 2007.
  5. Dec 2007

    • 19 Dec · Updates

      As the financial proposal submitted by the Sterlite Industries Limited, led consortium was conditional, the Board of Directors of IFCI Limited at their meeting held on December 19th, 2007 has unanimously decided that the conditional offer is not acceptable and therefore the same is rejected
    • 18 Dec · Issue of Equity shares

      The Committee of Directors constituted for the purpose of conversion of Zero Coupons Optionally Convertible Debentures (ZCOCDs) held by Public Sector Banks and Financial Institutions into Equity shares, met on Monday, 17th December 2007 and decided to issue 12,37,37,735 nos (Twelve crores, thirty seven lacs, thirty seven thousand, seven hundred and thirty five only) of Equity Shares to the Public Sector Banks and Financial Institutions @ of Rs. 107/- per share (including premium of Rs. 97/ per share) upon conversion of ZCOCDs of Rs 1323.99 crores.
    • 14 Dec · Updates

      Ifci Limited had informed the Exchange regarding the Board meeting scheduled to be held on December 17, 2007 for consideration of Financial Bids to be received from the Bidders for acquisition of 26% stake in IFCI. The Company has now informed the Exchange that: "Pursuant to request for proposal for inducting strategic partner in IFCI we have received three responses from interested parties. These responses would be considered at Board Meeting to be held on 17th December 2007".
    • 13 Dec · Updates

      Government of India vide its letter dated December 12, 2007 has informed that it would not exercise its conversion option in respect of its optionally-convertible Debentures of Rs.400 crore and Rs.523 crore at this point of time. Further as regards the financial provision of Rs.1300 crore, Government has informed that it would assist IFCI in case such a need arises
    • 7 Dec · Board meeting

      To consider, inter alia, the Financial bids from strategic investor(s).
    • 7 Dec · Board meeting

      Meeting of the committee of Directors will be held on December 17, 2007 to consider allotment of shares on conversion of zero coupon optionally convertible debentures to Banks and FIs at SEBI-Related Price.
    • 7 Dec · Issuance of shares by way of conversion of debt into equity

      During the year 2002-03, the then existing bonds of IFCI held by FIs & Banks were restructured after a consensus reached by the FIs and Banks at the meetings held on November 26 and December 2, 2002 under the aegis of the, Ministry of Finance, Govt. of India. In terms of the restructuring, a part of bonds held by FIs & Banks, amounting to Rs.1479 crore, was converted into Zero Coupon Optionally Convertible Debentures/ Bonds (ZCOCDs) w.e.f. April 1, 2002. Accordingly, a special resolution, under section 81 of the Companies Act, 1956, was passed by the shareholders of IFCI at the Annual General Meeting held on September 12, 2003. As per the resolution, these Zero Coupon Optionally Convertible Debentures/ Bonds are convertible into equity at anytime after five years from the date of issuance, at the option of the holder, at a price to be determined in accordance with the prevailing pricing norms under SEBI (Disclosure & Investor Protection) Guidelines, 2000 at the time of such conversion. Recently, a meeting of FIs and Banks holding ZCOCDs was convened on October 11, 2007 under the lead of Ministry of Finance, Government of India followed by another meeting held on November 7, 2007 where, the Banks proposed to convert 100% of their zero Coupons Optionally Convertible Debentures/ Bonds into equity and LIC & other Insurance companies desired to convert as much of their ZCOCD-holding as would be required to maintain their existing equity holding percentage, post dilution of equity. The Board of Directors of IFCL Ltd., at the meeting held on December 1, 2007, has approved, in principle, the conversion of the ZCOCDs into equity and constituted a Committee of Directors for such conversion and compliance of such regulatory requirements, as required. Accordingly, ZCOCDs amounting to about Rs.1,300 crore would be converted into such number of equity at a price to be determined In accordance with the prevailing pricing norms under SEBI (Disclosure & Investor Protection) Guidelines, 2000. For determination of price, December 17, 2007 has been fixed as the relevant date. The proposed equity shares would be issued on parri passu basis with the existing equity shares of IFCI. The exact number of equity shares proposed to be issued on conversion would be determined after the relevant date i.e., December 17, 2007
    • 3 Dec · Business

      Press release dated December 01, 2007, titled "Outcome of Meeting of Board of Directors of IFCI, held on December 1, 2007 at New Delhi". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  6. Nov 2007

    • 29 Nov · Board meeting

      Inter alia, consider the request of Holders of Zero Coupon Optionally Convertible Debentures (ZCOCDs) for Exercise of Conversion Option.
  7. Oct 2007

    • 22 Oct · Meeting

      Minutes of the Annual General Meeting of the Company held on September 21, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 15 Oct · Board meeting

      The Board at its meeting held on October 15, 2007 has decided to give a proposal to the holders of 0% optionally convertible debentures to convert a part of their outstanding into equity as per SEBI Guidelines on pricing of preferential allotment and the balance outstanding may carry concessional rate of interest linked to G-SEC(-)
    • 15 Oct · Results

      Standalone Results for the half year ended on 30-SEP-2007 as follows: Net Sales of Rs. 94155 lacs for half year ending on 30-SEP-2007 against Rs. 57545 lacs for the half year ending on 30-SEP-2006. Net Profit / (Loss) of Rs. 74415 lacs for the half year ending on 30-SEP-2007 against Rs. 10022 lacs for the half year ending on 30-SEP-2006.
    • 15 Oct · Results

      Standalone Results for the quarter ended on 30-SEP-2007 as follows: Net Sales of Rs. 59160 lacs for quarter ending on 30-SEP-2007 against Rs. 32344 lacs for the quarter ending on 30-SEP-2006. Net Profit / (Loss) of Rs. 49729 lacs for the quarter ending on 30-SEP-2007 against Rs. 11583 lacs for the quarter ending on 30-SEP-2006.
    • 4 Oct · Board meeting

      To, inter-alia, approve the Audited Financial Results of the Company for the quarter ended September 30, 2007
  8. Sep 2007

    • 18 Sep · Management

      Shri Vinayak Chatterjee, Director on the Board of the Company, vide his letter dated September 18, 2007 has resigned from the Board of Directors. Further, Government of India vide letter dated September 17, 2007 has nominated Smt. Sukriti Likhi, Director, Ministry of Finance, Department of Financial Services, as Director on the Board of the Company.
    • 17 Sep · Expression of Interest

      Vide its letter dated September 15, 2007 that: "Pursuant to inviting Expression of Interest from Strategic investors, following applications have been received : 1) General Electric Capital Corporation. 2) Kotak Mahindra Bank Limited. 3) Consortium of Sterlite Industries (India) Limited and Morgan Stanley & Co. 4) Infrastructure Development Finance Company Limited. 5) Newbridge Asia IV, L. P. 6) Consortium of WL Ross & Co. LLC, GS Capital Partners VI Fund, Standard Chartered Bank & Housing Development Finance Corporation Limited. 7) Cargill Financial Services Corporation. 8) Consortium of Shinsei Bank Limited, Punjab National Bank and J.C. Flowers & Co. LLC. 9) Natixis 10) The Blackstone Group L.P."
    • 17 Sep · Management

      Vide its letter dated September 15, 2007 that "Shri N. Balasubramanian, Chairman, of the Board of IFCI Ltd. vide his letter dated September 15, 2007 has resigned from the Board of Directors".
    • 11 Sep · Miscellaneous

      Company has received a notice u/s 257(1A) of the companies act, 1956 from Shri Suresh Kumar Goyal, proposing himself to be appointed as a Director at the ensuing Annual General Meeting to be held on September 21, 2007. An advertisement has been given in the news paper. A copy of the advertisement shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 4 Sep · Business

      The Board has met on September 04, 2007 and noted the initiation of the process for induction of the strategic investor. The Board has identified different stakeholders' interest and has desired that the process of induction of the strategic investor needs to be strengthened by a Due Diligence Advisor of stature to guide and advise the Board
  9. Aug 2007

    • 13 Aug · Meeting

      The Register of members & share transfer books in respect of equity shares of IFCI shall remain closed from Wednesday, September 12, 2007 to Friday, September 21, 2007 for the purpose of the Annual General Meeting. The Annual General Meeting of the members of the Company shall be held on Friday, September 21, 2007
    • 6 Aug · Miscellaneous

      The Board at its meeting held on August 04, 2007 has approved the following:- (1) Inviting of expression of interest from strategic investors. (2) Appointment of Shri Vinayak Chatterjee and Dr. Shobhit Mahajan as Additional Directors
  10. Jul 2007

    • 9 Jul · Board meeting

      Board of Directors of IFCI at its meeting held on the 6th July, 2007 transacted the following business: a) Approved, in principle, proposal for inviting 'Expression of Interest' from strategic investors in accordance with long-term vision and business objectives of IFCI. b) Pursuant to appointment of Shri R. M. Malla as CMD of Small Industries Development Bank of India (SIDBI), the Board accepted the resignation of Shri Malla and agreed to relieve him at the close of business on 10th July, 2007. c) Approved appointment of Whole Time Director, Shri Atul Kumar Rai as CEO & Managing Director w.e.f. 11th July, 2007.
    • 6 Jul · Results

      Standalone Results for the quarter ended on 30-JUN-2007 as follows: Net Sales of Rs. 34995 lacs for quarter ending on 30-JUN-2007 against Rs. 25201 lacs for the quarter ending on 30-JUN-2006. Net Profit / (Loss) of Rs. 24686 lacs for the quarter ending on 30-JUN-2007 against Rs. (1561) lacs for the quarter ending on 30-JUN-2006.
  11. Jun 2007

    • 29 Jun · Board meeting

      To, inter-alia, consider and take on record the Audited Financial Results of the Company for the quarter ended June 30, 2007 and also to consider the proposal for inviting Bids for Expansion of Interest for the induction of Strategic Investor.
    • 5 Jun · Management

      Vide its letter dated June 01, 2007 that "Today Shri Atul Kumar Rai has joined IFCI as Whole-Time Director".
  12. May 2007

    • 4 May · Increase in FII Limit

      The Board of Directors of IFCI has passed an enabling Resolution to increase the FII/FDI holding limit in IFCI upto 74% of equity capital, subject to the approval of shareholders, RBI, SEBI and all other Government/regulatory approvals, if applicable
  13. Apr 2007

    • 24 Apr · Board meeting

      To, inter-alia consider and take on record the Audited Financial Results of the Company for the Financial Year ended March 31, 2007.
    • 9 Apr · Miscellaneous

      As follows "IFCI Limited signed an agreement on 10th January, 2007 to offload 7% equity to four institutional investors viz. Goldman Sachs, NYSE, General Atlantic and Soft Bank. The formalities and other necessary documentation were completed on 31/03/2007 in respect of said sale. The sale proceeds for 23,62,500 equity shares were received on 4th April, 2007 from three institutional investors viz. Goldman Sachs, NYSE & General Atlantic constituting 5.25% of the Paid-up capital of NSE. The balance sale proceeds for 787,500 equity shares constituting 1.75% of Paid-up capital of NSE has been received today (09/04/2007) from Soft Bank".
    • 4 Apr · Miscellaneous

      Ifci Limited had informed the Exchange regarding sale of 31,50,000 equity shares (constituting 7% holding) of National Stock Exchange of India Ltd to four institutional investors viz. Goldman Sachs, NYSE, General Atlantic and Soft Bank. The company has further informed the Exchange that: "In this regard IFCI Ltd has received sale proceeds for 23,62,500 equity shares today (4th April, 2007) from three institutional investors viz. Goldman Sachs, NYSE & General Atlantic through off-market transaction constituting 5.25% of the Paid-up capital of NSE. Further, sale proceeds of balance 787,500 equity shares constituting 1.75% of Paid-up capital of NSE is expected within next one or two days from Soft Bank".
    • 2 Apr · Sale of Equity

      IFCI Limited (IFCI), was holding 12.44% equity shares of National Stock Exchange of India Ltd (NSE). IFCI agreed to sell 31,50,000 equity shares (constituting 7% holding) to four institutional investors viz. Goldman Sachs, NYSE, General Atlantic and soft Bank, on 10-01-2007, when an agreement was signed in this regard. The formalities and other necessary documentation have been completed today i.e. 31/03/2007 in respect of said sale. We have to advice that the sale proceeds are expected to be received shortly, i.e. within next two three days
  14. Mar 2007

    • 27 Mar · E-mail ID for Investor Complaints

      A new e-mail ID "[email protected]" has been created on IFCI's website under the heading of Investor Grievances for the purpose of registering complaint by investors. The name of the Compliance Officer is Shri S.P. Arora, Company Secretary.
    • 23 Mar · Miscellaneous

      The Board of Directors of IFCI in its meeting held on March 22, 2007 have decided to appoint an Advisor, Ernst & Young, for advising the company, inter-alia, on the induction of a strategic investor in the company
    • 8 Mar · Management

      The Board at its meeting held on March 07, 2007 has approved the appointment of Shri Atul Kumar Rai, as Wholetime Director. His appointment will be effective from the day he assumes charge
  15. Feb 2007

    • 23 Feb · News Verification

      News Verification : The media had reports that IFCI Limited has sold off Malvika Steels (MSL), a stressed asset of the company. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. IFCI Limited has vide its letter inter-alia stated, "IFCI has filed a recovery suit in DRT, Delhi, which has issued a 'sale proclamation'. Accordingly, sale notice was issued to the newspapers in November, 2006. However, the sale of land and assets has not yet materialised."
  16. Jan 2007

    • 22 Jan · Board meeting

      To, inter-alia, consider and take on record the Audited Financial Results of the Company for the quarter ended December 31, 2006.
    • 17 Jan · News Verification

      News Verification : The media had reports that the management of IFCI Limited is looking at selling the minority stakes held by the company in various entities and exiting unrelated business areas. Further, two multinational banks are exploring options to buy the company's stressed assets.. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. IFCI Limited has vide its letter inter-alia stated, "We have to inform that IFCI has decided to sell its equity holding of 21% along with Specified undertaking of UTI(SUUTI)'s holding of 8% in ICRA through an IPO and we understand that ICRA has filed draft prospectus with SEBI for approval. Further, IFCI has signed an agreement to sell ist 7% holding in National Stock Exchange of India Ltd. Besides the above two, we have not entered into any agreement, so far, to sell any other strategic investments, including equity, in our associates/subsidiary companies. However, in normal course of business, we keep on divesting, in small quantities, our holding in listed companies, through stock exchanges and unlisted equity of borrower companies through negotiations. Further we may clarify that we are not aware of any multinational bank's proposal to government"
    • 11 Jan · Business

      IFCI Limited is holding 56,00,000 equity shares of National Stock Exchange of India Ltd. (NSE) constituting 12.44% of NSE's equity and today i.e. on 10th January, 2007, it has signed an agreement to offload 7% of equity (31,50,000 equity shares) to four institutional investors viz. Goldman Sachs, NYSE, General Atlantic & Soft Bank
    • 2 Jan · News Verification

      News Verification : The media had reports that IFCI Limited may induct a foreign bank or a local bank as a stretegic investor. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. IFCI Limited has vide its letter inter-alia stated, "In this connection we have to state that our Board of Directors are contemplating various options for future of IFCI. However, currently there is no specific proposal under consideration of IFCI's board."