IFCI Limited received Company Petition CP 34/241-242/PB/2026 filed by Union of India through SFIO before NCLT Principal Bench, New Delhi, pursuant to an order dated March 12, 2026.
The petition stems from SFIO's investigation report dated November 16, 2022, covering credit facilities sanctioned and disbursed by IFCI prior to close of FY2016-17.
Net book value/carrying value of the related loans and investments stands at Rs. 157.26 crore as of December 31, 2025, after provisioning and fair valuation.
Financial implications remain sub-judice; IFCI states no penalties or sanctions have been imposed and is evaluating appropriate course of action.