IFCI has informed that issue of IFCI Secured, Redeemable, Non-Convertible Bonds in the nature of Debentures of up to Rs 575 crore by way of private placement is fully subscribed and as scheduled, was closed on April 29, 2016. The allotment of bonds shall be completed by May 03, 2016.
The above information is a part of company’s filings submitted to BSE.