The government will divest 4% stake in IRFC through OFS from Wednesday and set the floor price at Rs 104 per share

The government will sell up to 4% stake in the Indian Railway Finance Corporation (IRFC) through an offer for sale (OFS) open to non-retail investors on Wednesday, while retail investors can make bids on Thursday.The government has offered to divest 2% stake in IRFC, with another 2% as green shoe option. Under the OFS, over […]