IFL Enterprises Ltd. Announces Rights Issue of Rs. 49.14 Crore with 254% Y-o-Y Net Profit Growth
Jun 10 2025 | 14 days agoIFL Enterprises Ltd., a company engaged in the agri commodity business, has announced a Rights Issue of Rs. 49.14 crore. The issue will open on June 19, 2025, and close on June 30, 2025, with the issue price set at Rs. 1 per share. The record date for determining the eligibility of shareholders is June 13, 2025. The entitlement ratio is 60 Rights Equity Shares for every 91 fully paid-up equity shares held as on the record date. The company registered a net profit of Rs. 2.99 crore, a 254% Y-o-Y rise, and a 13-fold revenue rise to Rs. 120.60 crore in FY25. The proceeds from the issue will be used to strengthen the company’s financial position and support general corporate purposes.
- Rights Issue of Rs. 49.14 crore with an issue price of Rs. 1 per share
- 254% Y-o-Y net profit growth and 13-fold revenue rise in FY25
- Entitlement ratio of 60:91 (60 rights equity shares for every 91 fully paid-up equity shares held)
- Record date for eligibility determination is June 13, 2025
- Proceeds to strengthen the company’s financial position and support general corporate purposes