Govt to divest up to 4% stake in IRFC via OFS starting Wednesday, sets floor price at Rs 104 per share
Government will sell up to 4% stake in Indian Railway Finance Corporation (IRFC) via an offer for sale (OFS) which opens on Wednesday for non-retail investors while retail investors will be able to place bids on Thursday. The government has offered to divest 2% equity in IRFC with an additional 2% as green shoe option….