IFCI redeems 22.50 cr preference shares

IFCI announced that consequent to the redemption of 22,50,00,000 number of preference shares by the Company, the total paid-up share capital of the Company stands at Rs 1695.99 crore and the shareholding of the Promoter of the Company i.e. Government of India has increased from the present 52.94% to 56.42% of the total paid-up share capital of the Company.

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