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IFCI Ltd. — Capital/Financing Update 2020
Apr 20, 2020
59191_rns_2020-04-20_63dc3125-6fde-4519-bca3-10a9f5ffb3d8.pdf
Capital/Financing Update
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No. IFCI/CS/2020-213 April 20, 2020
The National Stock Exchange of India Limited
Exchange Plaza Plot No. C/1, G Block, Bandra Kurla Complex Bandra (East) Mumbai – 400 051
CODE: IFCI
Dear Sir/Madam,
Subject: Outcome of Board Meeting
This is to inform that the Board at its Meeting held on April 20, 2020 has approved the following:
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Preferential Issue of Equity Shares aggregating to `200 crore to the Promoter i.e. Govt. of India, subject to the approval of the Shareholders.
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Convening of the Extra-Ordinary General Meeting of the Shareholders of the Company on Wednesday, May 20, 2020, through VC/OAVM to consider and approve the issue of equity shares by way of preferential Allotment to Govt. of India.
This is for your information and record.
Thanking you
Yours faithfully For IFCI Limited
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( Rupa Sarkar ) Company Secretary