Government of India to raise up to ₹1,330 crore from Rail Vikas Nigam OFS, fall nearly 7% as OFS kicks off
The Indian government plans to sell a portion of its equity shares in Rail Vikas Nigam Limited to comply with public shareholding requirements. Offer includes selling up to 3.40% of the total paid-up equity share capital on July 27 for non-retail investors, and on July 28 for retail investors.
Vikas Nigam Rail Vikas Nigam Limited The Company Ministry Of Railways Exchange Board Of India Rail Vikas Nigam Limited Oversubscription Option
Source: livemint.com