Categories: Business

Centre to offload up to 2% stake in Coal India through OFS, sets floor price at Rs 412 per share

The government plans to raise approximately Rs 5,000 crore by selling up to a 2% stake in Coal India through an Offer for Sale (OFS). The floor price is set at Rs 412 per share, nearly 10% below the current market price. This move follows a successful OFS in Central Bank of India.

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