ALPHA TRIBE

IFL Enterprises LtdBoard Meeting, 01-08-2025: Board Meeting

01-08-2025 | 10:28 am

IFL Enterprises' board has approved a strategic investment proposal from UNIQUBE GLOBAL MANAGED SERVICES PTE. LTD., Singapore. This involves acquiring up to a 12% equity stake at ₹2 per share. The company plans to structure this investment through options like preferential allotment, Qualified Institutional Placement (QIP), or a Rights Issue. This move is expected to enhance the company’s growth capabilities, attract more institutional investors, and drive long-term value creation for all stakeholders. The company will appoint consultants and legal advisors to manage the transaction.

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