Govt kicks off FY16 divestment; REC share sale gets fully subscribed
The government is looking to raise Rs 1,550 crore from sale of 4.93 crore shares in Rural Electrification Corp (REC) through a one-day OFS route at a floor price of Rs 315 apiece.
Apr 08, 2015, 11:16 AM ISTGovt kicks off FY16 divestment with REC stake sale, floor price at Rs 315 per share
The floor price of Rs 315 a share is at a discount of 2.07 percent over the closing price of Rs 321.65 a share.
Apr 08, 2015, 09:01 AM ISTCoal auction: Cabinet may decide floor price on Wednesday
The Cabinet may on Wednesday decide to fix a floor price of Rs 150/tonne for auction of coal blocks in March.
Dec 08, 2014, 22:28 PM ISTGovt to sell 5% stake in SAIL on Friday; floor price fixed at Rs 83
The floor price of Rs 83/share indicates a 2.75 per cent discount to the closing price of SAIL scrip that ended 0.35 per cent down at Rs 85.35 on the BSE.
Dec 04, 2014, 17:43 PM IST