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IFL Enterprises board approves 12 pc stake purchase by Uniqube Global

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....FL Enterprises board approves 12 pc stake purchase by Uniqube Global<BR>PTI News<BR>Dated:- 1-8-2025<BR>PTI<BR>New Delhi, Aug 1 (PTI) Agri commodity exporter IFL Enterprises on Friday said its board h....

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....as approved a proposal from Singapore-based UNIQUBE Global Managed Services to acquire a 12 per cent stake in the company. “The board in its meeting held on August 1 approved the receipt of a propo....

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....sal to acquire up to 12 per cent equity stake in the company at a proposed price of Rs 2 per share,” IFL Enterprises said in an exchange filing. The proposed strategic investment is expected to enh....

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....ance the company’s growth capabilities, further institutionalise its shareholding and contribute to the long-term value creation for all stakeholders, the filing stated. The strategic investment wi....

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....ll be structured through a mutually suitable method such as preferential allotment, Qualified Institutional Placement (QIP), or a Rights Issue, it added. IFL in June 2025 had raised nearly Rs 50 cror....

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....e through a rights issue to shore up its capital. The Ahmedabad-based company, which deals in the agri commodity business, including import and export of agriculture produce, recently reported a two-....

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....fold jump in revenue from operations to Rs 33.41 crore for Q1FY26 from Rs 15.29 crores in Q1FY25. PTI RR BAL<BR> News - Press release - PIB....