IRFC Promoter Sells Up to 2% Stake via Offer for Sale

Indian Railway Finance Corporation Ltd (IRFC) announced an Offer for Sale (OFS) by its promoter, the President of India, acting through the Ministry of Railways. The promoter intends to sell up to 13,06,85,060 equity shares, representing 1% of the total paid-up equity share capital, on June 24, 2026, for non-retail investors. An additional 13,06,85,060 equity shares (another 1%) may be sold on June 25, 2026, for retail investors and others. The OFS also includes an option to offer up to 25,000 shares to employees. This sale is primarily to meet minimum public shareholding norms.