IFCI vaulted to Rs 62.3, gaining over 6.5 per cent, following its announcement that a meeting of the board of directors will be held today to consider issues relating to the induction of a strategic investor and optionally convertible debentures held by Government of India.

<tr><td><p class='TableClas'></p><P class='TableClas'> <DIV CLASS=rightDiv><script language="JavaScript">
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		</script> </DIV><p class='TableClas'>The government owns convertible debentures of Rs 923 crore, which can be converted into equity shares at later date. The stock witnessed volumes of 5.42 crore shares vis-

IFCI vaults on plans for a strategic investor

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