|
| Exchange Disseminated Time | Based on the communication received from the Ministry of Finance, Government of India, IFCI Ltd has informed BSE that the Government of India has acquired 6,00,00,000 Preference shares of Rs. 10/- each of the Company from certain Scheduled Commercial Banks and has consequently increased its holding from present 47.93% to 51.04% of the Paid - up share capital of the Company.
As a result of the above mentioned increase in shareholding of the Government of India, IFCI has become a 'Government Company' as per the provisions of Section 2(45) of the Companies Act, 2013, w.e.f. April 07, 2015. |
|
|