Question

In January 2025, which organization received a ₹500 crore capital infusion from the Government of India through a preferential issue of equity shares?

Q: Answer-In January 2025, which organization received a ₹500 crore capital infusion from the Government of In...

In January 2025, the Industrial Finance Corporation of India IFCI received a 500 crore capital infusion from the Government ofIndia through a preferential issue of equity shares. The board approved issuing 8,07,23,280 equity shares to the government, which was expected to increase the governments stake beyond the existing 71.72 as of September 2024.