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Govt to sell additional 4% stake in Central Bank of India after OFS subscribed 2.36 times; retail bidding opens on Monday
The Indian government is selling more shares of Central Bank of India. Investor demand was strong, leading to an increase in the stake sale from 4% to 8%. This move aims to boost the bank's stock liquidity and meet public shareholding rules. The offer for sale is currently underway, with retail investors having a chance to bid soon.
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economictimes.indiatimes.com
Central Bank of India OFS: Govt to sell up to 8% stake in lender. Check key details
The Indian government is selling a stake in Central Bank of India. This offer for sale aims to raise over Rs 2,200 crore. The sale opens for institutional investors on May 22 and…
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thehindubusinessline.com
Govt to off load up to 8% in Central Bank via OFS; bid for non-retail opened
Government is offloading up to 8 per cent of its stake in Central Bank of India at a floor price of ₹31. While bid opened for non-retail investors on Friday, retail investors can…
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Institutional buyers over-subscribe Central Bank of India OFS by 2 times; put in ₹2,380 cr bids
Institutional investors on Friday put in over Rs 2,380 crore worth bids in the Offer For Sale (OFS) of Central Bank of India shares, which got over-subscribed more than two times.
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Govt to sell additional 4% stake in Central Bank of India after OFS subscribed 2.36 times; retail bidding opens on Monday
The Indian government is selling more shares of Central Bank of India. Investor demand was strong, leading to an increase in the stake sale from 4% to 8%. This move aims to boost…