Government plans stake sales in four additional PSUs in FY27: Report
According to a Moneycontrol report, the government is expected to initiate new offer-for-sale (OFS) rounds for four public sector companies within the current financial year. Plans include divesting approximately 1.5% of its holdings in Hindustan Zinc, alongside a roughly 5% stake sale in each of the following: Hindustan Copper, Mazagon Dock Shipbuilders (MDL), and IRCTC. This move comes on the heels of the government’s recent LIC OFS, which successfully generated ₹31,552 crore earlier this month.
by shortkt.com✓