Government to divest up to 5.04% equity in Cochin Shipyard through OFS
The central government has initiated an Offer for Sale (OFS) for Cochin Shipyard, a state-run entity. The plan involves selling a 2.52% stake, with an additional 2.52% available as an oversubscription option. Shares are priced at a floor of ₹1,400 each. Institutional investors can participate in the OFS starting July 7, while retail investors will be able to bid on July 8.
by shortkt.com✓