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IFCI to sell remaining shares in National Stock Exchange of India

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IFCI to sell remaining shares in National Stock Exchange of India

IFCI Ltd.'sboard approved the firm's plan to sell its remaining 3.05% stake in National StockExchange of India Ltd., according to a May 3 statement.

The move marks the company's exit from the bourse. It had previouslybeen off-loading its sharesin the stock exchange.