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IFCI informs about disinvestment

24 Dec 2019 Evaluate

In continuation to Letter No. IFCI/CS/2019-1016 dated December 02, 2019 regarding disinvestment of the company’s entire stake in Exchange comprising of 1,20,66,871 number of equity shares comprising of 2.44% of the total equity shares of Exchange, IFCI has informed that the company has realized an amount of approximately 805.60 crore, representing about 82% of the total committed amount. Process for receipt of approval for remaining quantity is underway. 

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Power Finance Corpn. 346.70
REC 312.00
NHIT 171.00
Satin Creditcare Net 224.95
IFCI 79.41
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