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IFL Enterprises Limited has announced a rights issue of up to 49.47 billion Equity Shares of ₹1 each at par, aggregating up to ₹4947.19 lakhs, in the ratio of 60 Equity Shares for every 91 Equity Shares held by eligible shareholders. The net proceeds are intended primarily for meeting working capital requirements (₹3636.67 lakhs) and general corporate purposes (₹1236.79 lakhs), along with issue related expenses. The shares are listed on BSE, which has granted in-principle approval. The issue will be made only in dematerialized form and applications must be submitted through the ASBA facility. Rights entitlements will be credited to demat accounts before the issue opens, and fractional entitlements will be rounded down. Shareholders holding physical shares must provide demat details before the issue closes to participate. The issue opens on June 23, 2025, and closes on June 30, 2025, with provisions for on- and off-market renunciation of rights before June 25, 2025. The promoter holds no shares and will not subscribe; hence, the minimum subscription of 90% of the issue size applies. There are no outstanding litigation or contingent liabilities material to the issue. Investors receive one share per ₹1 application amount, with no premium. The company’s recent financials show revenue growth to ₹123.22 Cr (consolidated) and profit after tax of ₹2.99 Cr for FY25. Applications must be accurate, complete, and comply with applicable laws.