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IFL Enterprises LtdUpdates, 10-06-2025: Company Update

10-06-2025 | 07:11 pm

IFL Enterprises Limited has announced a board meeting on June 9, 2025, approving a Rights Issue to raise Rs. 49.14 crore at Rs. 1 per share. Existing shareholders can subscribe to 60 shares for every 91 held. The capital raised will strengthen the company’s financial position and support general corporate purposes. The company, operating in agri commodities and financial instruments trading, reported a 13-fold revenue increase to Rs. 120.60 crore and a 254% rise in net profit to Rs. 2.99 crore in FY25 under new Managing Director Abhishek Pratapkumar Thakkar, signaling strong growth momentum.

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