IFCI Ltd. — Capital/Financing Update 2021

Mar 16, 2021

No. IFCI/CS/2021-141

BSE Limited Department of Corporate Services Phiroze JeeJeebhoy Tower Dalal Street, Fort Mumbai - 400 001

CODE: 500106

Dear Sir/Madam,

Subject: Release of funds to IFCI Limited towards subscription to the share capital during the FY 2020-21 & Intimation of Board Meeting

This is to inform that the Department of Financial Services, Ministry of Finance, Government of India has released funds of ₹200 crore to IFCI Limited towards subscription to the share capital, as part of Union Budget 2020-21, on March 15, 2021.

In this regard, this is to inform that Meeting of the Board of Directors is $2.$ scheduled on March 23, 2021, inter-alia to consider the preferential issue of equity shares to the Government of India subject to the approval of Shareholders, Stock Exchanges and such other Authorities as may be required.

This is for your information and record.

Thanking you

For IFCI Limited

(Rupa Deb) Company Secretary

आई एफ सी आई लिमिटेड पंजीकृत कार्यालयः

आईएफसीआई टावर, 61 लेहरू प्लेस, नई दिल्ली - 110 019 दूरभाषः +91-11-4173 2000, 4179 2800 फैक्सः +91-11-2623 0201, 2648 8471 वेबसाइटः www.ifciltd.com 'মীआईएनः L74899DL1993GOI053677

1948 से राष्ट्र के विकास में

IFCI Limited Regd. Office:

IFCI Tower, 61 Nehru Place, New Delhi - 110 019 Phone: +91-4173 2000, 4179 2800 Fax: +91-11-2623 0201, 2648 8471 Website: www.ifciltd.com CIN: L74899DL1993GOI053677

In Development of the Nation since 1948