Promoter Offers Sale of Shares in Indian Railway Finance Corporation Ltd through Stock Exchange Mechanism
The President of India, acting through the Ministry of Railways, Government of India, has initiated an Offer for Sale (OFS) of equity shares in Indian Railway Finance Corporation Limited. This sale is being conducted through the stock exchange mechanism, with a portion of the offering reserved for retail investors and employees.The Promoter intends to sell up to 13,06,85,060 Equity Shares of the Company. These shares represent 1% of the total paid-up equity share capital of Indian Railway Finance Corporation Limited.
Offer Details and Timeline
The sale is structured across multiple days for different investor groups. The offer for non-Retail Investors was scheduled for June 24, 2026 (T day), while Retail Investors, employees, and non-Retail investors choosing to carry forward their allocation were targeted on June 25, 2026 (T+1 day).The sale is being executed through the BSE Limited and The National Stock Exchange of India Limited.
Employee Offer
In addition to the main offer, a separate quota has been established for employees. Up to 500 Equity Shares of Indian Railway Finance Corporation Limited will be offered to eligible employees in accordance with the OFS guidelines. These shares are equivalent to 0.002% of the total issued and paid-up equity share capital of the Company.Shareholding Position Before and After Sale
The Offer for Sale allows the Promoter to dispose of a total of 22,87,44,407 Equity Shares, which represents 1.75% of the company’s voting capital. This transaction is expected to shift the promoter holding from its pre-sale position to a post-sale position.The following table details the shareholding structure before and after the sale:
| Share Capital Metric | Before Sale (Voting Rights) | Shares Sold | After Sale (Voting Rights) |
|---|---|---|---|
| Total Equity Share Capital | 13,06,85,06,000 | N/A | 13,06,85,06,000 |
| Promoter Holding (Voting Rights) | 11,06,23,96,171 (84.65%) | 22,87,44,407 (1.75%) | 10,83,36,51,764 (82.90%) |
The sale is being conducted through the stock exchange mechanism in line with established OFS Guidelines, which include specific operational guidelines from both BSE and NSE.
IRFC Stock Price Movement
Indian Railway Finance Corporation Limited (IRFC) shares today slipped by 0.12% to settle at ₹90.53, closing near the day's low of ₹90.19. The stock saw trading volume totaling 21.36 million shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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