The Government of India, through the Ministry of Finance, has confirmed that no encumbrance has been created on the shares of IFCI Limited during the financial year ending March 31, 2026, other than those already disclosed to the stock exchanges. This declaration was submitted to the National Stock Exchange of India Ltd and Bombay Stock Exchange Ltd on April 8, 2026, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The disclosure, signed by S.K. Singh, Under Secretary to the Government of India, explicitly states that no direct or indirect encumbrance has been made on the shares of IFCI Limited during FY26. The confirmation covers the entire financial year and excludes only those encumbrances that were previously reported to the exchanges.

Regulatory Compliance

The declaration was filed pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires the acquirer to make an annual declaration regarding any encumbrance on shares. The communication was addressed to the corporate services departments of both major stock exchanges.

A copy of the declaration was also forwarded to the Managing Director & CEO of IFCI Limited. The filing confirms that the company's shareholding structure remains free of undisclosed liens or charges for the specified period.

IFCI Limited , a Government of India Undertaking, has notified the stock exchanges of a change in its board of directors pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company informed that Shri Umesh Kumar Garg ceased to be an Independent Director with effect from May 10, 2026, upon the completion of his tenure on May 09, 2026.

Board Change Details

The disclosure was made in continuation of the company's earlier letter referenced as IFCI/CS/2023-277 and IFCI/CS/2023-278 (BSE and NSE respectively), dated May 25, 2023. The key details of the director cessation are summarised below:

Regulatory Compliance

The intimation was submitted in accordance with the applicable disclosure norms under SEBI regulations. The communication was digitally signed by Priyanka Sharma, Company Secretary and Compliance Officer of IFCI Limited, on May 10, 2026. The company's registered office is located at IFCI Tower, 61 Nehru Place, New Delhi – 110 019.