“The board in its assembly held on August 1 authorised the receipt of a proposal to amass as much as 12% fairness stake within the firm at a proposed worth of Rs 2 per share,” IFL Enterprises mentioned in an trade submitting.
The proposed strategic funding is anticipated to boost the corporate's development capabilities, additional institutionalise its shareholding and contribute to the long-term worth creation for all stakeholders, the submitting acknowledged.
The strategic funding shall be structured by a mutually appropriate technique corresponding to preferential allotment, Certified Institutional Placement (QIP), or a Rights Difficulty, it added.
IFL in June 2025 had raised practically Rs 50 crore by a rights problem to shore up its capital.
The Ahmedabad-based firm, which offers within the agri commodity enterprise, together with import and export of agriculture produce, just lately reported a two-fold soar in income from operations to Rs 33.41 crore for Q1FY26 from Rs 15.29 crores in Q1FY25.
