IFCI has informed that the Department of Financial Services, Ministry of Finance, Government of India has conveyed sanction of President of India to release funds of 500 crore to IFCI towards subscription to the share capital during FY 2023-24; In view of the above and pursuant to the provisions of SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in securities shall remain closed for Designated Persons of IFCI & their immediate relatives, from Wednesday, March 06, 2024 till 48 hours from the conclusion of Board Meeting, held to consider the above. The date of the Board Meeting to consider the matter shall be intimated separately.
The above information is a part of company’s filings submitted to BSE.