Equity (finance)

Disinvestment of 10 percent paid up equity capital of Indian Oil Corporation Limited

The Cabinet Committee on Economic Affairs, in accordance with the Government of India`s disinvestment policy, has approved the disinvestment of 10 percent paid-up equity in the Indian Oil Corporation Limited (IOCL), out of its equity capital holding of 78.92 percent. The disinvestment will be through Offer for Sale (OFS) method in the domestic market according… Read More

Tags: DisinvestmentEquity (finance)Government of IndiaIndiaIndian Oil CorporationIOCLNavratnaSecurities & Exchange Board of India

Disinvestment of ITDC & STC

Disinvestment of 5 percent paid up equity capital of ITDC and 1.02 percent of paid up capital of STC out of Government of India shareholding The Cabinet Committee on Economic Affairs has approved the disinvestment of 5 percent paid-up equity capital in the India Tourism Development Corporation (ITDC) and 1.02 percent paid-up equity capital in… Read More

Tags: Bombay Stock ExchangeEquity (finance)Government of IndiaIndiaIndia Tourism Development CorporationITDCMumbaiNational Stock Exchange of India

MMTC OFS Divestment – Issue Oversubscribed by 1.55 times

MMTC OFS for Divestment of 9.33% Paid up Equity of the Government of India Shareholding Done; Issue Overscribed by 1.55 Times; Government Expects to Realize Proceeds of Rs. 567.90 Crores. The Minerals and Metal Trading Corporation (MMTC) OFS for divestment of 9.33% paid up equity of the Government of India shareholding in the MMTC was done… Read More

Tags: Bombay Stock ExchangeEquity (finance)GovernmentGovernment of IndiaIndiaMMTCNational Stock Exchange of IndiaShareholder

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