IFL Enterprises Board Approves Strategic Investment Proposal

06 Aug 2025 CW Team

IFL Enterprises, a company engaged in the trading of agri commodities, has received board approval for a strategic investment proposal from UNIQUBE Global Managed Services PTE. LTD., Singapore.

At its meeting held on August 1, 2025, the company’s Board of Directors approved a proposal to issue up to 12% equity to UNIQUBE at a proposed price of Rs 2 per share. The investment will be executed through an appropriate mechanism such as preferential allotment, Qualified Institutional Placement (QIP), or a Rights Issue, in compliance with SEBI, FEMA, and other applicable regulatory frameworks.

The proposed investment is expected to:

Bolster the company’s growth initiatives
Institutionalise its shareholding structure
Contribute to long-term stakeholder value

To ensure smooth execution, IFL Enterprises will appoint legal and financial advisors to conduct due diligence and facilitate regulatory approvals, including filings with the RBI, SEBI (ICDR and SAST regulations, if applicable), and other authorities.

Strategic Diversification into Organic Waste Management

Earlier this year, IFL Enterprises announced its entry into the organic waste management and recycling sector, marking a strategic shift toward environmentally sustainable business verticals. The sector is projected to grow at a CAGR of 10–12% over the next five years, driven by increasing global focus on circular economy practices and India’s emphasis on waste reduction and green infrastructure.

This move aligns with the company’s long-term vision of expanding into high-growth, sustainability-led industries, reinforcing its commitment to future-ready business models.

Infrastructure Energy

19 Sep 2025

J&K CM Rules Out Power Privatisation, Focuses on Sector Reform

Jammu and Kashmir Chief Minister Omar Abdullah has dismissed speculation regarding privatisation of electricity in the Union Territory, emphasising that his priority is to strengthen and reform the power sector.“We are not discussing privatisation. By reducing losses, improving billing efficiency, and enhancing revenue, there will be no need for it. My vision is to strengthen and reform the power sector in J&K,” Abdullah stated.He addressed the gathering at the 58th Engineers’ Day at SKICC on Monday evening, an event honouring Bharat Ratna Sir M Visvesvaraya for his pioneering contri..

Mumbai’s Sassoon Dock to Get Tech-Driven Modernisation with Finland

The Maharashtra government, in collaboration with Finland, will modernise Mumbai’s historic Sassoon Dock using advanced technology, state minister Nitesh Rane announced on Wednesday.Rane met a delegation of Finnish officials and representatives of Finnish companies at the dock to discuss strategic plans for upgrading the facility in south Mumbai, according to an official statement.Built in the 19th century, Sassoon Dock is one of Mumbai’s oldest and busiest fishing harbours. Operations currently exceed its original capacity, raising concerns over hygiene, odour, fish handling standards, an..

Agarwal Industrial Wins Rs 3.3 Billion IOCL Bitumen Tender

Agarwal Industrial Corporation rose 3.84 per cent to Rs 945.65 after announcing it had secured a prestigious tender from Indian Oil Corporation (IOCL) worth Rs 3.3 billion.In a regulatory filing during market hours, the company confirmed it had won the tender to supply Bulk Bitumen (VG-30 and VG-40 grades) to IOCL’s Kakinada locations.The firm quantity under the award totals around 60,500 tonnes across 11 parcels, while the optional quantity is approximately 33,000 tonnes across six parcels. This brings the total awarded quantity to roughly 93,500 tonnes. At current market prices, the firm o..