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.
Source: livemint.com