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IFCI gets nod for sale of 2.5% equity stake in NSE

29 Apr 2014 Evaluate

IFCI has received an in-principle approval for sale of 2.5% equity stake in National Stock Exchange (NSE) held by company. The board of directors at its meeting held on April 29, 2014 has approved for the same.

IFCI was established with an intention to provide long-term finance needs of the industrial sector. It got listed in the year 1993 changed its status from statutory corporation to a company. It founded and developed various institutions namely ICRA for credit assessment rating, Tourism Finance Corporation of India (TFCI) for promotion of the hospitality industry, among others.

IFCI Share Price

61.22 0.54 (0.89%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Power Finance Corp 464.85
REC 373.35
Indian Railway Fin. 104.85
NHIT 151.00
Satin Creditcare 174.75
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