SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

IFCI informs about outcome of board meeting

20 Apr 2020 Evaluate

IFCI has informed that the Board at its Meeting held on April 20, 2020 has approved the preferential Issue of Equity Shares aggregating to Rs 200 crore to the Promoter, Govt. of India, subject to the approval of the Shareholders; and approved convening of the Extra-Ordinary General Meeting of the Shareholders of the Company on Wednesday, May 20, 2020, through VC/OAVM to consider and approve the issue of equity shares by way of preferential Allotment to Govt. of India.

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

IFCI Share Price

60.50 -0.72 (-1.18%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Power Finance Corp 472.85
REC 382.20
Indian Railway Fin. 103.00
NHIT 151.00
Satin Creditcare 169.85
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×