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Board of IFCI recommends dividend

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Capital Market
Last Updated : Apr 29 2014 | 11:59 PM IST

Approves sales of 2.5% stake in NSE

IFCI announced that the Board of Directors of the Company at its meeting held on 29 April 2014, inter alia, has recommended dividend @ Re 1 per equity share, i.e. 10% for the financial year ended 31 March 2014, subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company.

The Board has given in-principle approval for sale of 2.5% equity stake in NSE held by IFCI.

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First Published: Apr 29 2014 | 4:47 PM IST

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