Govt to sell up to 3% stake in Coal India via OFS
Mint Mumbai|June 01, 2023
The Central government is planning to sell up to 3% stake in Coal India Ltd through an offer for sale (OFS).
Govt to sell up to 3% stake in Coal India via OFS

The Union Ministry of Coal on Wednesday informed the exchanges that the floor price for the OFS would be ₹225 per share. At that floor price, the overall offer size adds up to over ₹4,100 crore.

On Wednesday, CIL shares closed at ₹ 241.20, lower by ₹3.15 or 1.29% from its previous close.

This story is from the June 01, 2023 edition of Mint Mumbai.

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This story is from the June 01, 2023 edition of Mint Mumbai.

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