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Up to 4 percent of company s total equity could be sold at a price range of Rs 63-72.70 per share by two seller entities - IRB Holding Pvt Ltd and Deepali Virendra Mhaiskar.
According to the highway construction company s March quarter shareholding data, IRB Holding Pvt Ltd owned a 33.2 percent stake and Deepali Virendra Mhaiskar owned a 0.27 percent stake.
IRB Infra: Promoter and promoter group entities namely Deepali Virendra Mhaiskar and IRB Holding Private are expected to offload 4 per cent stake in the company, raising Rs 1,512 crore.