Government to sell 15% stake in Bharat Dynamics through OFS
Tue, Sep 8, 2020 12:41 AM

Government to sell 15% stake in Bharat Dynamics through OFS

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The government is planning to sell 15% stake in defence company Bharat Dynamics through an offer for sale on 8 and 9 September. The centre which owns 87.75% stake in the company is looking to offload 2.71 crore shares. The floor price for the OFS has been fixed at Rs 330 per share, a 14% discount to Monday’s closing price of Rs 384.50.

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