IRCTC shares: Indices fall 8% as govt offers stake sale
The government, which holds 87.40 per cent stake in IRCTC, proposes to sell up to 2,40,00,000 equity shares of IRCTC.
The government, which holds 87.40 per cent stake in IRCTC, proposes to sell up to 2,40,00,000 equity shares of IRCTC.
The government currently holds 87.40 per cent stake in IRCTC. To meet Sebi's public holding norm, the government has to lower its stake in the company to 75 per cent.
