IFCI Limited — Important, 14-07-2025: Updates

IFCI's Board has proposed a significant group consolidation plan to the Government of India. This involves two main mergers: first, StockHolding Corporation and other entities will merge into IFCI, strengthening its NBFC role with new opportunities in custodial and advisory services. Second, broking businesses will consolidate into a single direct subsidiary. Additionally, the Board proposed divesting its stake in MPCON Limited. This strategic move aims to streamline operations and enhance IFCI's business capabilities, pending necessary approvals.