VERIFIEDEconomic Times News·24 Jun 2026negative

IRFC shares tumble 5% as OFS opens for non-retail investors. Here’s what shareholders should know

AI Summary

·IRFC shares fell 5% following the opening of an Offer for Sale by the government.
·The government plans to sell a 1% stake in IRFC at a floor price of Rs 91.
·This divestment aims to increase the stock's free float and liquidity.