Question
In January 2025, which organization received a ₹500
crore capital infusion from the Government of India through a preferential issue of equity shares?Solution
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 government's stake beyond the existing 71.72% as of September 2024.
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