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Government to sell 3% stake in NLC India through OFS, sets floor price at Rs 303
The government has launched a two-day offer for sale in NLC India, aiming to divest up to 3% stake through a base offer and greenshoe option. The issue, priced at a discount to the market rate, could raise up to Rs 1,263 crore and forms part of the broader disinvestment programme.
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economictimes.indiatimes.com
Government to sell 3% stake in NLC India through OFS, sets floor price at Rs 303
The government has launched a two-day offer for sale in NLC India, aiming to divest up to 3% stake through a base offer and greenshoe option. The issue, priced at a discount to…
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timesofindia.indiatimes.com
Disinvestment push: Government to sell up to 3% stake in NLC India at Rs 303 per share
The government will divest up to a 3% stake in state-owned NLC India Ltd through an offer for sale (OFS), with the floor price set at Rs 303 per share, nearly 10% below the…
