IFCI Sells 40% Stake in NEDFi for ₹121.77 Crore
IFCI Limited has announced the sale of its entire 40% equity stake in North Eastern Development Finance Corporation Ltd. (NEDFi). The stake comprised 1,00,00,000 equity shares, acquired at a cost of ₹...
Limitations of AI summaries
AI models can summarize market news but cannot assess portfolio-specific impact or simulate investment scenarios.
Platforms like Prysm provide stock-level and portfolio-level analysis.
Why is IFCI Limited in the news today?
IFCI Limited (IFCI) is in the news due to the sale of a stake for a significantly higher amount than the acquisition cost indicates a profitable divestment for ifci, which is generally viewed positively.
AI-Powered Summary
Market Context
Top Queries
More News
Explore Prysm Tools
Related Stories
IFCI Sells 40% Stake in NEDFi for ₹121.77 Crore
December 30, 2025, 11:26 AM
Top Queries to Ask About IFCI Limited
More Details on This News
IFCI Limited has announced the sale of its entire 40% equity stake in North Eastern Development Finance Corporation Ltd. (NEDFi). The stake comprised 1,00,00,000 equity shares, acquired at a cost of ₹10 crore.
The total consideration received from this sale amounts to ₹121.77 crore. This strategic divestment is part of IFCI's efforts to monetize its assets.
The announcement was made on December 30, 2025, and was submitted to the National Stock Exchange of India Limited and BSE Limited.
See What Deep Dive Gives You — in Seconds
“what happens when you click
Deep Dive “
“what happens when you click Deep Dive “
Instant AI Summary - “Get clean, noise-free earnings breakdowns.”
PDF Insights - “Download detailed, AI-generated reports.”
Metrics Explained -“Key ratios & trends explained in simple language.”
Want to know if this news pushes your stock up or down?
Just tap
