Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that IFL ENTERPRISES LIMITED ('the Company') has received ....
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Awaiting price reaction for this filing.
IFL Enterprises Ltd has responded to multiple queries from BSE regarding unverified and misleading stock tips circulating on Telegram, YouTube, and other social media platforms about the company. The company categorically denies any involvement in these posts and has filed a formal cyber crime complaint (Acknowledgement No. 21107250016263). Key claims clarified: a Letter of Intent from UNIQUBE Global (Singapore) exists for a potential 12% stake at ₹2/share (no definitive agreement yet); a ₹550 Cr green energy project, ₹125 Cr Dubai revenue, and ₹2 dividend are all unconfirmed and speculative; promoter did purchase 12.6 lakh shares at ₹1.83 in June 2024; and the company claims to be debt-free. A public caution notice has been published on the company's website.
This is largely a defensive filing by the company to distance itself from pump-and-dump-style social media manipulation that could harm retail investors. While no regulatory action has been taken against the company itself, the unresolved social media chatter and speculative claims could increase volatility and risk in IFL Enterprises' shares, and investors should rely only on official exchange filings rather than social media tips.