IFCI Limited has monetized its approximately 10% equity stake in North Eastern Development Finance Corporation Ltd. (NEDFi). This stake, comprising 1,00,00,000 equity shares with a cost of Rs 10 crore, was sold for a total consideration of Rs 121.77 crore. The announcement was made on December 30, 2025.
Equity Stake Divestment
IFCI Limited has announced the sale of a portion of its investment portfolio. According to the official release, the company has successfully monetized its equity stake in North Eastern Development Finance Corporation Ltd. (NEDFi) on December 30, 2025.
Details of the Transaction
The transaction involved the sale of approximately 10% equity stake in NEDFi. The stake comprised of 1,00,00,000 equity shares, originally acquired at a cost of Rs 10 crore. The total consideration received by IFCI for this divestment amounts to Rs 121.77 crore.
Source: BSE
