Govt to sell 20% stake in IRCTC via OFS, to raise Rs 4,374 crore
The government will sell upto 20% stake in Indian Railway Catering and Tourism Corporation (IRCTC) through an offer for sale on Thursday to raise Rs 4,374 crore. The OFS price was set at Rs 1,367 per share, a 15.5% discount to Wednesday’s closing price of Rs 1,618. Through the OFS, the government has proposed to … Read more