Indian Railway Finance Corporation Ltd. (IRFC) has disclosed a change in shareholding pursuant to PIT Regulations. The Promoter, The President of India, acting through the Ministry of Railways, has sold a total of 11,06,23,96,171 Equity Shares in two transactions during February 2026. The sale was conducted via an offer for sale mechanism on the stock exchanges, reducing the Promoter’s stake from 86.36% to 84.65%.
IRFC Promoter Shareholding Disclosure
Indian Railway Finance Corporation Ltd. (IRFC) has filed a mandatory disclosure regarding the change in shareholding of its Promoter, The President of India, acting through the Ministry of Railways, Government of India. This submission is made pursuant to Regulation 7(2)(b) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended.
Details of Equity Share Disposal
The disclosure details the disposal of equity shares by the Promoter via an offer for sale mechanism on the stock exchanges. The transactions occurred in February 2026:
- Initial Holding: Prior to the transaction, the Promoter held 11,28,64,37,000 Equity Shares, representing 86.36% of the total issued capital.
- First Disposal: An offer for sale of 22,40,40,83,506.88 shares occurred on February 25, 2026, resulting in a post-transaction stake of 84.65%.
- Final Share Count: The Promoter’s holding after the final sale on February 26, 2026, stood at 11,06,23,96,171 Equity Shares.
The total number of shares sold through the offer for sale mechanism was 11,06,23,96,171, executed on the BSE Limited and the National Stock Exchange of India Limited.
Transaction Notes
The gross consideration for the transaction is detailed separately, and the filing explicitly notes that the value of the transaction excludes any applicable taxes, brokerage, or other charges.
Derivative Trading Confirmation
The document confirms that there was no trading in derivatives (futures, contracts, or options) undertaken by the Promoter or related persons during the disclosure period, as all entries in columns 16 through 22 are marked as NA (Not Applicable).
Source: BSE
