IFL Enterprises Ltd — Board Meeting, 09-06-2025: Board Meeting

IFL Enterprises Limited has announced a board meeting to approve a rights issue of up to Rs. 50 Cr, with a rights entitlement ratio of 60 shares for every 91 held at a price of Rs. 1 per share. The issue opens on June 19 and closes on June 30, with a record date set for June 13. The board has also approved changing Mr. Sarang Dinesh Likhitkar’s designation from Managing Director to Non-Executive Director, and appointed Mr. Abhishek Pratapkumar Thakkar as the new Managing Director for five years, subject to shareholder approval. These moves mark strategic leadership changes alongside capital raising efforts.