IFL Enterprises Ltd — Dividend/Bonus, 09-06-2025: Corp. Action

IFL Enterprises Limited has announced a board meeting on June 9th, 2025, where it approved the terms for a proposed rights issue up to Rs. 50 Cr, priced at INR 1.00 per share, offering 60 rights shares for every 91 shares held. The rights issue will open on June 19th and close on June 30th, with a record date set for June 13th. Additionally, Mr. Sarang Dinesh Likhitkar’s designation has changed from Managing Director to Non-Executive Director, and Mr. Abhishek Pratapkumar Thakkar has been appointed as the new Managing Director for five years, subject to shareholder approval.