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Saurabh Tyagi--Clovek,Advisory

26th Jun · SEBI-Registered Analyst

$IRFC

The government raised ₹2,084 crore from the sale of 22.88 crore $IRFC shares to minority investors at ₹91 per share. Retail investors responded enthusiastically, with a 2% stake dilution in the PSU after exercising the green shoe option. This disinvestment adds to the ₹16,480 crore total this fiscal, following sales of stakes in Coal India, NHPC, and other central enterprises.

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