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https://www.cnbctv18.com/market/sjvn-offer-for-sale-government-to-divest-stake-green-shoe-options-share-price-record-high-17845591.htm
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Government to sell up to 4.92% stake in SJVN via Offer for Sale after stock surges 135% in 2023 - CNBCTV18
9/21/23 at 12:04am
Organization
CNBCTV18
Author
Hormaz Fatakia
Details
60 words
Summarize
Business & Industrial
In case the OFS ends up being fully subscribed, including the greenshoe option, the government can mop up around Rs 1,600 crore through this stake sale. This calculation is as per the company's closing price on Wednesday.
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