IFCI Ltd (IFCI) — FY26 Annual Report | 2 September 2026 (2 announcements)

IFCI Ltd's 2025-26 annual report filed on September 2, 2026, confirms no independent directors were appointed during the year, preventing compliance with SEBI Listing Regulations requiring independent directors including a woman director. The company transferred ₹44.75 crore to reserves and ₹87.58 crore from Debenture Redemption Reserve to General Reserve, did not recommend dividends due to insufficient profits, and received unqualified auditor reports with emphasis on board composition deficiencies. The filing highlights governance non-compliance, regulatory penalties, and ongoing efforts to address independent director requirements.

IFCI Ltd announced its 33rd AGM scheduled for September 25, 2026, via Video Conference, with e-voting open from September 22 to 24, 2026, and a cut-off date of September 18, 2026, for voting rights. The filing details remote participation procedures, CDSL as the e-voting service provider, and requirements for dematerialized shares. It also disclosed the appointment of Shri Manikumar Sivaramakrishnan as Deputy Managing Director effective April 6, 2026, for a three-year term, approved by the Board under Regulation 17(1C). Financial highlights include consolidated profit after tax of [amount context mismatch] crore for FY 2025-26, total comprehensive income of ₹573.95 crore, and key operational metrics such as treasury income of ₹53.28 crore and debt servicing of ₹548 crore. The filing notes no dividend recommendation due to insufficient profits and regulatory non-compliance with independent director requirements under SEBI norms.