IFCI

March 21 (Reuters) - IFCI Ltd IFCI.NS:

• IFCI LTD - RAHUL BHAVE APPOINTED AS MD & CEO OF IFCI LIMITED BY INDIA GOVERNMENT

Source text: ID:nBSE2DTdmd

Further company coverage: IFCI.NS

(([email protected];))

Jan 24 (Reuters) - IFCI Ltd IFCI.NS:

• GOVERNMENT OF INDIA SANCTIONS 5 BILLION RUPEES TO CO

• TO CONSIDER PREFERENTIAL ISSUE OF SHARES TO GOVERNMENT OF INDIA

Source text: ID:nBSE7tVBRy

Further company coverage: IFCI.NS

(([email protected];;))

** Shares of non banking lender IFCI Ltd IFCI.NS down 2.8% to 62.73 rupees

** Indian govt, which owns nearly 72% of IFCI, plans to shut down co's lending ops following capital constraints and convert it into an infrastructure advisory firm, Reuters news reports citing sources

** Instead of lending, IFCI will evaluate infrastructure and green projects for state govts

** Govt to infuse 5 bln rupees into the co to ensure no defaults in IFCI's repayment commitments

** Stock was down ~1% before the news

** More than 16.2 mln shares change hands, 1.2 times the 30-day moving avg

** YTD, shares have more than doubled in value

(Reporting by Ananta Agarwal in Bengaluru)

(([email protected]))

** Shares of non banking finance company IFCI IFCI.NS rise 10% to 63.85 rupees

** Co on Friday gained approval from Dept of Financial Services, Ministry of Finance for the consolidation of its group companies

** At co level, StockHolding Corp of India, IFCI Factors, VFCI Infrastructure Development and IIDL Realtors will merge with IFCI

** StockHolding Services, IFCI Financial Services, IFIN Commodities and IFIN credit will merge into a single entity, which will be a subsidiary of IFCI

** Other group entities will continue to remain direct subsidiaries of IFCI, co says

** More than 44 mln shares change hands as of 2:30 pm IST, nearly 4 times the 30-day avg volume

** Stock up nearly 100% YTD

(Reporting by Ananta Agarwal in Bengaluru)

(([email protected]))

Nov 22 (Reuters) - IFCI Ltd IFCI.NS:

• IFCI - GOT DEPARTMENT OF FINANCIAL SERVICES NOD TO MERGE STOCKHOLDING CORP OF INDIA, GROUP COS, WITH CO

Source text: ID:nNSE393w7r

Further company coverage: IFCI.NS

(([email protected];))

Aug 8 (Reuters) - IFCI Ltd IFCI.NS:

• JUNE-QUARTER CONSOL NET LOSS 1.08 BILLION RUPEES

• JUNE-QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 3.88 BILLION RUPEES

Further company coverage: IFCI.NS

(([email protected];))

March 19 (Reuters) - IFCI Ltd IFCI.NS:

• IFCI LTD - APPROVED PREFERENTIAL ISSUE OF EQUITY SHARES AGAINST CAPITAL INFUSION FOR FY 2023-24 AGGREGATING UPTO 5 BILLION RUPEES

• IFCI LTD - APPROVED PREFERENTIAL ISSUE OF EQUITY SHARES TO PROMOTERS GOVERNMENT OF INDIA

Source text for Eikon: ID:nNSE6xmNcm

Further company coverage: IFCI.NS

(([email protected];))

IFCI Ltd IFCI.NS:

• IFCI LTD- TO CONSIDER AND APPROVE PREFERENTIAL ISSUE OF EQUITY SHARES TO GOVERNMENT OF INDIA

Source text for Eikon: ID:nBSE79mJCs

Further company coverage: IFCI.NS

Feb 29 (Reuters) - NBCC (India) Ltd NBCC.NS:

• NBCC ENTERED INTO MEMORANDUM OF UNDERSTANDING WITH IFCI LIMITED

• APPROXIMATE VALUE OF WORKS TO BE EXECUTED UNDER THIS MOU IS 1.50 BILLION RUPEES

Source text for Eikon: ID:nBSE6mBJvF

Further company coverage: NBCC.NS

(([email protected];))

Feb 9 (Reuters) - IFCI Ltd IFCI.NS:

• IFCI DEC-QUARTER CONSOL PROFIT 393.2 MILLION RUPEES VERSUS 1.09 BILLION RUPEES

• IFCI DEC-QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 4.54 BILLION RUPEES VERSUS 3.48 BILLION RUPEES

Source text for Eikon: ID:nBSEbbKxy8

Further company coverage: IFCI.NS

(([email protected];))

** Shares of Ashiana Housing AHFN.NS rise as much as 3.38% to 215.90 rupees

** Uptick after the real estate firm enters into an investment framework agreement with International Finance Corporation (IFC) IFCI.NS)

** IFC has committed to invest 1.13 bln rupees, which can be increased up to 2.25 bln rupees, representing 40% of the total investment

** AHFN to invest remaining 60% of capital, 1.69 bln rupees which can be increased upto 3.38 bln rupees

** Investment on mid-income residential projects developed by AHFN across Jaipur, Gurugram, Pune and Chennai

** AHFN up 54.64% in 2023 so far, including today's gains compared to 28.35% rise in Nifty Realty index .NIFTYREAL

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463))

March 28 (Reuters) - IFCI Ltd IFCI.NS:

• APPROVED PREFERENTIAL ISSUE OF EQUITY SHARE CAPITAL FOR FY 2022-23 UPTO 4 BILLION RUPEES

• PREFERENTIAL ISSUE TO GOVERNMENT OF INDIA

Source text for Eikon: ID:nNSE5tHVJr

Further company coverage: IFCI.NS

(([email protected];))