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IFCI monetizes 10% stake in North Eastern Development Finance Corporation

31 Dec 2025 Evaluate

IFCI has monetized its around 10% equity stake in North Eastern Development Finance Corporation (NEDFi) for a total consideration of Rs 121.77 crore.

IFCI is a Non-Banking Finance Company in the public sector. It provides financial support for the diversified growth of Industries across the spectrum.

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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