Govt increases IRFC OFS size to 1.86% stake sale

Govt increases IRFC OFS size to 1.86% stake sale

The Government increased the IRFC Offer for Sale size from 13.07 crore shares, or 1%, to 24.31 crore shares, representing a 1.86% stake. The additional 0.86% stake was offered through the oversubscription option. Of the total offer, 2.43 crore shares have been reserved for retail investors.

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