ICEX is working on detailed business plan addressing both the short-term constraints and future growth opportunities

ICEX is working on detailed business plan addressing both the short-term constraints and future growth opportunities
Planify Author
Author

Planify Author

Financial Analyst Intern
Publish Date25 November 2021
Reading time1 Min

Share on Social Links

Category

StockBeginner GuideAngel InvestingSME IPOEconomy MarketAIFInvestmentsMore

The management, considering the present liquidity situation and availability of funds is working on a detailed business plan addressing both the short-term constraints and future growth opportunities.

Company's short term plan is to 

Augment liquidity through release of Rs 50 crore capital from release of Settlement Guarantee Fund (SGF). Management at the instruction of the Board to approach SEBI for the same. 

Focus on immediate and capital efficient opportunity of mutual fund transactions. This will ensure optimal utilization of limited capital in the short term and improvement in profitability and further strengthening the Board and processes.

While their long term plan is to raise capital and renewed focus on commodities along with mutual fund transaction.



Tags

Unlisted SharesPre-IPOInvestmentStock MarketFinance

Stay Connected, Stay Informed –

Join Our

WhatsApp

Channel!

Don’t miss out on exclusive updates, market trends, and real-time investment opportunities. Be the first to know about the latest unlisted stocks, IPO announcements, and curated Fact Sheets, delivered straight to your WhatsApp.