Epic Research

Thursday, September 18, 2014

IFCI Update by Epic Research

Epic Research Update : IFCIIFCI has presented a dividend cheque of Rs 92.30 crore to the Union Finance Minister Arun Jaitley on September 17, 2014. This 10% dividend is for the Financial Year 2013-14. The company had also paid 10% dividend to the Government of India last Financial Year. The Government of India is holding a majority stake of 55.53% equity shareholding in IFCI.

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