Announced Tue, 30 Jun · 13:30 IST
Government of India sells 22.87 crore IRFC shares via Offer for Sale
IRFC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.5%1-day move
₹90.68
prior close
₹90.23
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.2+0.3+0.3+0.5+0.3-0.1-0.5-0.9-2.7-2.6———
Up moveDown movePending
AI summary
IRFC has told exchanges that its promoter, the Government of India through the Ministry of Railways, sold 22,87,44,420 equity shares (about 1.75 percent of the company) through an Offer for Sale on BSE and NSE between June 24 and June 30, 2026. The government stake in IRFC dropped from 84.65 percent to 82.90 percent. Gross consideration was approximately eight thousand three hundred seventy four crore rupees, in line with the government's disinvestment programme.
Likely market impact
Government sold about 1.75 percent stake, expanding public float. May create short term price pressure from supply, but signals orderly divestment.