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| Exchange Disseminated Time | IFCI Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 29, 2014, inter alia, has transacted the following:
1. Recommendation of Dividend on equity shares.
The Board of Directors recommended dividend @ Re. 1 per equity share, i.e. 10% for the Financial Year ended March 31, 2014, subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company.
2. Partial Disinvestment of stake in National Stock Exchange (NSE).
The Board has given In-principle approval for sale of 2.5% equity stake in NSE held by IFCI Ltd. |
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