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IRFC shares tumble nearly 6% as OFS opens for non-retail investors today, Govt to sell 2% stake
Shares of Indian Railway Finance Corporation (IRFC) fell nearly 6 per cent on Wednesday after the government launched an offer for sale (OFS) to divest up to a 2 per cent stake in the company at a discount to the prevailing market price.
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thehindubusinessline.com
Government to sell up to 2 per cent stake in IRFC via offer for sale
Government to sell up to 2% stake in IRFC via OFS from Wednesday with green shoe option; retail bidding opens Thursday amid ongoing PSU disinvestment drive.
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economictimes.indiatimes.com
Govt to sell up to 2% stake in IRFC via OFS; issue opens Wednesday
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…
