Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Indian Railway Finance Corp. Ltd. ( (IN:IRFC) ) has issued an update.
Indian Railway Finance Corporation Ltd., the government-owned financing arm of Indian Railways, focuses on mobilising capital for rail infrastructure and rolling stock through market borrowings. The company is listed on key Indian exchanges and operates as a non-banking financial company under SEBI regulations.
IRFC has announced that BSE has approved its request to waive fines imposed for non-compliance with several SEBI (LODR) regulations covering board and committee composition for quarters from March 2022 to December 2025. The waiver aligns with similar relief already granted by NSE, reducing potential financial and compliance overhangs for the company and clarifying its regulatory status for investors and other stakeholders.
More about Indian Railway Finance Corp. Ltd.
Indian Railway Finance Corporation Ltd. (IRFC) is a government-owned non-banking financial company that serves as the primary financing arm for Indian Railways, raising funds from domestic and international capital markets to support rail infrastructure and rolling stock. Its securities are listed on major Indian stock exchanges, including BSE and NSE, and it operates under the regulatory framework of SEBI.
Average Trading Volume: 1,433,513
Technical Sentiment Signal: Hold
Current Market Cap: 1357.8B INR
Find detailed analytics on IRFC stock on TipRanks’ Stock Analysis page.