Indian Railway Finance Corp Ltd

Indian Railway Finance Corporation Ltd., a government of India enterprise, will hold a board meeting on Thursday, October 15, 2026, to consider and approve the unaudited financial results for the quarter and half year ended September 30, 2026, and to consider declaring an interim dividend for the financial year 2026-27. The record date for the interim dividend, if approved, will be Friday, October 23, 2026.

Indian Railway Finance Corporation Ltd., a government of India enterprise, will hold a board meeting on Thursday, October 15, 2026, to consider and approve the unaudited financial results for the quarter and half year ended September 30, 2026, and to consider declaring an interim dividend for the financial year 2026-27. The record date for the interim dividend, if approved, will be Friday, October 23, 2026.

Indian Railway Finance Corporation Ltd announced revisions to its credit ratings and outlook, as communicated by Japan Credit Rating Agency, Ltd. (JCR) via email dated September 3, 2026, updating the long-term issuer credit rating and outlook from "888+" with a Stable outlook to "A-I" with a Stable outlook; this intimation fulfills requirements outlined in SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and other applicable regulations, and is submitted for record-keeping purposes.

Indian Railway Finance Corporation Limited (IRFC) announced the appointment of Shri Pradeep Ahlawat and Mrs. Manjula Mishra as Additional Directors, designated as Non-official Independent Directors, effective August 20, 2026. Both appointments are for a period of three years or until further orders, according to a regulatory filing. Shri Ahlawat holds a bachelor's degree from Punjab University and a master's degree from Central Queensland University, while Mrs. Mishra is an MBA and has over 20 years of experience in business management and entrepreneurship. Neither director is related to any other director or key management personnel of IRFC and currently holds no shares in the company.

Net profit of Indian Railway Finance Corporation rose 10.40% to Rs 1927.21 crore in the quarter ended June 2026 as against Rs 1745.69 crore during the previous quarter ended June 2025. Sales rose 19.43% to Rs 8242.03 crore in the quarter ended June 2026 as against Rs 6901.07 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales8242.036901.07 19 OPM %99.7299.53 - PBDT1928.361747.02 10 PBT1927.211745.69 10 NP1927.211745.69 10 Powered by Capital Market - Live

Indian Railway Finance Corp. will hold a meeting of the Board of Directors of the Company on 30 July 2026.

The board of Indian Railway Finance Corporation at its meeting held on 30 June 2026 has co-opted Ranjay Choudhary (DIN:11796981) as an Additional Director designated as Director (Finance) on the Board of the Company for a period of five years with effect from the date of his assumption of charge of the post i.e. 30 June 2026.

The board of Indian Railway Finance Corporation at its meeting held on 30 June 2026 has approved the appointment of Deepa Kotnis, Executive Director (Finance)/IRFC, as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company with effect from 30 June 2026.

The Government of India increased the OFS size after exercising part of the oversubscription option. The total offer size was revised to 24.31 crore equity shares (1.86% equity) from the base offer of 13.07 crore shares (1% equity). The government exercised the greenshoe option for an additional 11.24 crore shares (0.86% equity), taking the total offer size to 24.31 crore shares, lower than the maximum permissible size of 26.14 crore shares (2% equity). The revised offer comprised 21.88 crore shares for non-retail investors and 2.43 crore shares for retail investors. The retail category included 1.31 crore shares under the base offer and 1.12 crore shares under the oversubscription option. At the close of bidding on 25 June 2026, the retail portion received bids for 1,00,61,078 shares, translating into a 41.39% subscription of the revised retail offer comprising 2.43 crore shares. All retail bids were backed by 100% margin. The non-retail portion had received bids for 21.87 crore shares on 24 June 2026, resulting in full subscription of the revised non-retail allocation. Of these, bids for 7.55 crore shares were backed by 100% margin, while bids for 14.32 crore shares were placed without margin. The clearing price for the non-retail portion was fixed at Rs 91 per share, which also became the cut-off price for retail investors. The indicative price for the non-retail segment stood at Rs 91.10 per share. The OFS also reserved up to 25,000 shares for eligible employees, who could apply for shares worth up to Rs 5 lakh. IRFC is a Navratna Central Public Sector Enterprise under the Ministry of Railways and the dedicated market borrowing arm of Indian Railways. It provides financing support for railway expansion, modernization and strategic infrastructure development. On a standalone basis, IRFC's net profit rose 0.15% to Rs 1684.31 crore while net sales rose 9.18% to Rs 7336.05 crore in Q4 March 2026 over Q4 March 2025. Shares of IRFC fell 0.83% to settle at Rs 91.73 on the NSE today. Powered by Capital Market - Live

The President of India, acting through the Ministry of Railways, plans to sell up to 13.07 crore equity shares, representing 1% of IRFC's paid-up equity capital, as the base offer. The government also retains an oversubscription option to sell an additional 13.07 crore shares, taking the total offer size to 26.14 crore shares, or 2% of the company's equity. The OFS opened for non-retail investors on 24 June 2026 and will continue for retail investors, eligible employees and non-retail investors carrying forward unallotted bids on 25 June 2026. The issue is being conducted through separate windows on the BSE and NSE. The floor price for the OFS has been fixed at Rs 91 per share, implying a discount of 7.77% to the previous day's closing price of Rs 98.67 on the NSE. Of the base offer size, 11.76 crore shares have been reserved for non-retail investors, while 1.31 crore shares have been earmarked for retail investors. Under the oversubscription option, an equal number of additional shares may be offered in both categories. As of 9:45 a.m. on 24 June 2026, the base non-retail portion, comprising 11.76 crore shares, had received bids for 40,179 shares, translating into 0.03% subscription. The indicative bid price stood at Rs 91.25 per share. The OFS also includes a reservation of up to 25,000 shares for eligible employees. Employees can bid for shares worth up to Rs 5 lakh under the offer. IRFC is a Navratna Central Public Sector Enterprise under the Ministry of Railways and the dedicated market borrowing arm of Indian Railways. It provides financing support for railway expansion, modernization and strategic infrastructure development. On a standalone basis, IRFC's net profit rose 0.15% to Rs 1684.31 crore while net sales rose 9.18% to Rs 7336.05 crore in Q4 March 2026 over Q4 March 2025. Powered by Capital Market - Live