IRFC Promoter Sells 1.86% Stake via Offer for Sale

Indian Railway Finance Corporation Limited (IRFC) announced that its promoter, The President of India (acting through the Ministry of Railways), will sell up to 243,087,100 equity shares, representing 1.86% of the total paid-up equity share capital. This Offer for Sale (OFS) includes the base offer size of 13,06,85,060 shares (1%) and an oversubscription option exercised for an additional 112,402,040 shares (0.86%). The offer is conducted through the stock exchange mechanism on June 24, 2026 (T day) for non-retail investors and June 25, 2026 (T+1 day) for retail investors and employees. A portion of 10% of the total offer (24,308,711 shares) is reserved for retail investors, and 25,000 shares are allocated for employees.