IFL Enterprises to Review 12% Stake Offer from Singapore Firm

22 Jul 2025 CW Team

IFL Enterprises, engaged in the import, export, and trading of agri commodities, has announced that its Board of Directors will meet on August 1, 2025, to evaluate a proposal from Singapore-based Unique Global Managed Services for acquiring up to 12 per cent equity stake in the company through a strategic investment route.

The proposed investment is seen as a major step in IFL’s efforts to strengthen its capital base, accelerate growth plans, and enhance shareholder value. The management considers the proposal a strong endorsement of the company’s operational performance and future potential by a reputed global investor.

Unique Global Managed Services, a compliant entity under Singapore law (UEN: 200923760N), operates across wholesale trade, business consulting, and global ventures. The investment, if approved, will be long-term and strategic, and will comply with all applicable SEBI, FEMA, and RBI regulations.

In a related development, four Foreign Portfolio Investors (FPIs) have recently acquired a combined 16.08 per cent stake in IFL Enterprises as of July 11, 2025. These include Minerva Venture Fund, Nautilus Private Capital, Al Maha Investment Fund PCC–ONYX Strategy, and Nova Global Opportunities Fund PCC – Touchstone, each holding 4.02 per cent as per exchange filings.

Commenting on the development, Meet Director, Director, IFL Enterprises, stated, “The proposal is currently under review and will be placed before the Board for necessary deliberation. If approved and completed, the transaction is expected to bring both financial and strategic benefits to the company.”

The Board will also review the Letter of Intent received from the Singapore-based investor and assess the commercial, financial, and regulatory implications. Post-approval, the company will initiate due diligence and compliance procedures in line with applicable laws.

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..