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Govt to offload up to 5% stake in SAIL via offer for sale, floor price fixed at Rs 64
Govt to offload up to 10% stake in SAIL, floor price fixed at Rs 64 SAIL OFS: The floor price of offer has been fixed at Rs 64 per share, at a discount of 14.32 per cent as compared to Wednesday's closing price of Rs 74.70 BusinessToday.In | January 13, 2021 | Updated 20:05 IST Government holds 75 per cent stake in SAIL Government of India will sell up to 10 per cent stake in Steel Authority of India Ltd (SAIL) through an offer for sale (OFS), which could fetch over Rs 2,600 crore for the exchequer. The floor price of offer has been fixed at Rs 64 per share, at a discount of 14.32 per cent a...
Source: businesstoday.in
Govt to offload up to 10% stake in SAIL, floor price fixed at Rs 64
Govt to offload up to 10% stake in SAIL, floor price fixed at Rs 64 SAIL OFS: The floor price of offer has been fixed at Rs 64 per share, at a discount of 14.32 per cent as compared to Wednesday's closing price of Rs 74.70 BusinessToday.In | January 13, 2021 | Updated 20:05 IST Government holds 75 per cent stake in SAIL Government of India will sell up to 10 per cent stake in Steel Authority of India Ltd (SAIL) through an offer for sale (OFS), which could fetch over Rs 2,600 crore for the exchequer. The floor price of offer has been fixed at Rs 64 per share, at a discount of 14.32 per cent a...
Source: origin-businesstoday.intoday.in