Govt to sell up to 2% stake in IRFC via OFS; issue opens Wednesday (opens original article in a new tab)

The government will launch an OFS to sell up to 2% stake in IRFC, opening for non-retail investors on Wednesday and retail investors on Thursday.

• Government to sell up to 2% stake in IRFC via OFS starting Wednesday.
• Retail investors can bid on Thursday with non-retail investors participating on the first day.
• OFS aims to reduce government's stake in IRFC from 86.4% and improve public shareholding.