IFCI has successfully monetized its 40% equity stake in North Eastern Development Finance Corporation Ltd. (NEDFi) for a total consideration of ₹121.77 crore. This stake, comprising 10,000,000 equity shares with an initial cost of ₹10 crore, was sold by IFCI. The announcement led to a significant increase in IFCI's share price, which rose by approximately 7% on the BSE and NSE, reaching intraday highs above ₹54 per share.