Govt to sell 5% stake in Cochin Shipyard at ₹1,400/share via OFS
The Indian government is selling a 5% stake in Cochin Shipyard Ltd (CSL) through an Offer for Sale (OFS) at a floor price of ₹1,400 per share. This move, managed by the Department of Investment and Public Asset Management (DIPAM), is part of the government's broader disinvestment strategy to achieve its budgeted target of ₹80,000 crore for the current fiscal year.
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