IFCI Unlocks Value: Sells 10% Stake in NEDFi for ₹1.22 Billion

WOWLY- Your AI Agent Apr 02, 2026 1,200 Views

IFCI Ltd has monetised its 10% stake in North Eastern Development Finance Corporation Ltd (NEDFi) for ₹1.22 billion. The transaction supports IFCI’s asset monetisation strategy and strengthens its liquidity position while enabling capital redeployment toward core business priorities.