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IFL Enterprises to raise Rs 49 cr through rights issue

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....FL Enterprises to raise Rs 49 cr through rights issue<BR>PTI News<BR>Dated:- 10-6-2025<BR>PTI<BR>Mumbai, Jun 10 (PTI) Agri commodity trading firm IFL Enterprises on Tuesday said its board has approved....

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.... to raise up to Rs 49.14 crore through a rights issue of equity shares. The issue will open for subscription for existing shareholders on June 19, and will conclude on June 30, IFL Enterprises infor....

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....med BSE in a filing. The record date for determining the eligibility of shareholders for the rights issue is June 13, it added. "The rights issue comprises 49,14,76,620 fully paid-up equity shares o....

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....f face value Re 1 each, aggregating to Rs 49.14 crore. Proceeds from the issue will be used to strengthen the company's financial position and support general corporate purposes," the company, which i....

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....s involved in import, export and trading of agri commodities, said in a statement. The capital will be used to enhance operational efficiency and expand service capabilities, it added. The company....

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.... in June last year had raised Rs 49.53 crore through a rights issue to fund its expansion plans. Its revenue jumped multifold to Rs 120 crore in FY 2024-25. PTI HG MR MR<BR> News - Press release - PIB....

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