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IRFC shares tumble 5% as OFS opens for non-retail investors. Here’s what shareholders should know

IRFC shares dipped 5% as the government launched an Offer for Sale, planning to sell a 1% stake at a floor price of Rs 91. This move aims to boost the stock's free float and liquidity. The sale, part

CJPN24 AI Desk•••2 min read
IRFC shares tumble 5% as OFS opens for non-retail investors. Here’s what shareholders should know
IRFC shares tumble 5% as OFS opens for non-retail investors. Here’s what shareholders should know
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Key Points

  • Synopsis IRFC shares dipped 5% as the government launched an Offer for Sale, planning to sell a 1% stake at a floor price of Rs 91.
  • This move aims to boost the stock's free float and liquidity.
  • The sale, part of the Centre's divestment drive, follows...

Synopsis
IRFC shares dipped 5% as the government launched an Offer for Sale, planning to sell a 1% stake at a floor price of Rs 91.

This move aims to boost the stock's free float and liquidity.

The sale, part of the Centre's divestment drive, follows...

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Source: The Economic Times

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