The central government will sell 92.44 lakh shares of Coal India, representing 0.15 per cent of the total equity share of the company, to its eligible employees via Offer For Sale route.
The government has decided to divest 3 per cent equity including a green shoe option of 1.5 per cent. The floor price for the two-day issue has been fixed at Rs 225 per share.
The company had filed its draft papers with the capital markets regulator in July this year. The issue with a face value of Rs 2 per equity share is a complete offer for sale (OFS) aggregating to 25,546,186 equity shares.
Mumbai (Maharashtra) [India], September 30 (ANI): The Securities and Exchange Board of India (SEBI) on Friday decided to ease the regulations related to the offer-for-sale of shares by non-promoters of companies.
New Delhi/Mumbai [India], September 8 (ANI/NewsVoir): Cyril Amarchand Mangaldas advised Aptus Value Housing Finance India Limited (Aptus) and the individual promoter selling shareholder in relation to the Initial Public Offering (IPO) of INR 2780 crore offer comprising of issue of fresh equi
Gandhinagar (Gujarat) [India], August 16 (ANI/PNN): Aashka Hospitals Ltd. (AHL), engaged in the health care servicing segment, is coming out with a maiden IPO of 8,400,000 equity shares of Rs. 10 each with a fixed price of Rs. 121 per share to mobilize Rs. 101.64 cr.
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Mumbai (Maharashtra) [India], Sep 4 (ANI): Route Mobile said on Friday it's initial public offering (IPO) will open on September 9 and close on September 11 with a price band of Rs 345 to 350 per equity share.
Bhubaneswar (Odisha) [India], June 29 (ANI): A newly-recruited Odisha Finance Service (OFS) officer was found dead at his residence in Dumduma area of Khandagiri, the police said.
Chandigarh (Punjab) [India], March 1 (ANI): Punjab Food and Drug Administration (PFDA) on Sunday prohibited the online supply of food from the food business operators (FBOs), which don't have hygiene rating.
Mumbai (Maharashtra) [India], Sept 13 (ANI): Anil Ambani-led Reliance Capital said on Friday it has got an overwhelming response from investors for the third offer for sale (OFS) announced earlier this week to sell its 6.31 per cent shareholding in Reliance Nippon Life Asset Management Ltd (
Mumbai (Maharashtra) [India], June 17 (ANI): The second offer for sale (OFS) announced by Reliance Capital to sell its 2.86 per cent shareholding in Reliance Nippon Life Asset Management (RNAM) has received an overwhelming response from investors, the Anil Ambani-led company said on Monday.