The government will launch an OFS in IRFC on Wednesday, offering up to a 2% stake through a base issue and greenshoe option. The share sale is part of the Centre's disinvestment strategy and aims to improve public shareholding, liquidity and compliance with Sebi's minimum public shareholding norms.
The Indian government plans to sell up to a 2% stake in Indian Railway Finance Corporation (IRFC) through an Offer For Sale (OFS) opening on Wednesday. This move is part of the Centre's disinvestment strategy, aiming to boost public shareholding and liquidity while ensuring…
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