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Indian Government to Sell Up to 6% Stake in Hindustan Copper via OFS
The Indian government plans to sell up to a 6% stake in Hindustan Copper through an Offer for Sale (OFS), setting the floor price at a 10% discount. This move aims to divest government holdings in the public sector undertaking.
24 Aug, 13:46 — 24 Aug, 14:00
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Low (19/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 1/5 buckets covered0/33
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economic-timesmoneycontrol
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economic-times3h ago
Govt to sell up to 6% stake in Hindustan Copper via OFS; floor price at 10% discount
The government will sell a 3% stake in Hindustan Copper through an OFS at Rs 514 per share, with an option to divest another 3%. The sale offers a discount to market price amid strong quarterly earnings and expansion plans.
Read full article →moneycontrol3h ago
Govt launches Hindustan Copper OFS, to sell up to 6% stake at Rs 514/share - Moneycontrol.com
Govt launches Hindustan Copper OFS, to sell up to 6% stake at Rs 514/share Moneycontrol.com
Read full article →Coverage Timeline
First report: moneycontrol · 24 Aug, 13:46|Full coverage: 2 · 14m|Window: 14m
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