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IFCI has sold 0.20% stake in stock exchange NSE for Rs.92.51 crore. IFCI from time to time is selling stake in NSE.
The company in a regulatory filing stated that, IFCI has made partial disinvestment to the extent of 10,00,000 number of equity shares of National Stock Exchange of India Ltd (NSE) at the rate of Rs.925.10 per equity share.
IFCI in September 2017, has received board approval for stake sale of 0.86% in NSE, to one or more buyers in part or full. Further, as per the NSE website, as on September 30,2017, the company was holding 3.05% stake in the NSE.
