Tag Archives: Sale of IRCTC stake

IRCTC shares fell 1.2% on BSE today after a sharp drop in the previous session. The government announced Thursday that it will exercise the oversubscription option up to 80,00,000 shares of capital in addition to the size of the base offering. The shares were under pressure after the government announced …

The government plans to sell up to a 20 percent stake in Indian Railway Catering and Tourism Corp (IRCTC) through an Offer for Sale (OFS) that opens for subscription on Thursday. “The sale offer in IRCTC opens tomorrow for non-retail investors. Day 2 for retail investors. The government would divest …