Indian Railway Finance Corp files SEBI SAST disclosure for President of India

What Indian Railway Finance Corporation announced

On 30 June 2026, Indian Railway Finance Corporation Ltd (IRFC) filed a disclosure with the Bombay Stock Exchange (BSE) under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The filing states that the acquisition pertains to the President of India. No further quantitative information—such as the number of shares acquired, the percentage of total share capital, or the transaction price—was provided in the document.

Details of the Regulation 29(2) filing

Regulation 29(2) requires any person or entity acquiring shares that cross the prescribed thresholds (typically 5 % and subsequent 1 % increments) to disclose the acquisition to the stock exchange within two trading days. The purpose is to ensure transparency for all market participants. In this case, the filing identifies the President of India as the acquiring party, but the submission does not contain the specific shareholding figures or the rationale behind the purchase.

Key facts at a glance

Why this matters for investors

The filing satisfies a statutory requirement, signalling that a high‑profile entity—here, the President of India—has taken a share position in IRFC. While the lack of disclosed numbers prevents assessment of the size of the stake, the mere existence of a SAST filing can affect market perception of ownership structure and may prompt investors to monitor subsequent disclosures for any updates on shareholding percentages.

Conclusion

IRFC complied with SEBI’s disclosure norms by filing a Regulation 29(2) notice on 30 June 2026, indicating a share acquisition by the President of India. The filing does not reveal the scale of the transaction, and no further corporate actions have been announced. Investors should watch for any follow‑up disclosures that might provide additional details on the shareholding change.