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Disinvestmnent department seeks OFS route to divest in PSUs

Jul 28, 2014

Disinvestmnent department seeks OFS route to divest in PSUs

The OFS is the most preferred route for stake sale and has evoked good response from investors and hence the government has decided to stick to it, sources said. #Economy #ThisisNext #finance ministry #coal india #SEBI #ONGC #REC #Department of Disinvestment #Offer for sale
Centre to speed up PowerGrid stake sale, aims Rs 3,000 cr

Aug 22, 2013

Centre to speed up PowerGrid stake sale, aims Rs 3,000 cr

PowerGrid reported a net profit of Rs 1,040.34 crore in the April-June quarter of the current financial year. #Investing #Disinvestment #SEBI #CompanyWatch #PowerGrid #Offer for sale
Govt targets Rs 172 cr via National Fertilisers stake sale

Jun 05, 2013

Govt targets Rs 172 cr via National Fertilisers stake sale

The government plans to disinvest 7.64 percent stake, or over 3.74 crore shares, of NFL through Offer For Sale route in the domestic market. #Business #Investing #Disinvestment #CompanyWatch #National Fertilisers #Offer for sale
Oracle Financial shares tank as promoter plans offer for sale

May 08, 2013

Oracle Financial shares tank as promoter plans offer for sale

Oracle will reduce its current 80.3% ownership stake in Oracle Financial Services Software to 75% to meet the legal mandate through an offer for sale (OFS) transaction. #Investing #StockWatch #Oracle #Oracle Financial Services Software #promoter #Shareholding #Offer for sale
MMTC stake sale offer likely to hit markets in April

Apr 09, 2013

MMTC stake sale offer likely to hit markets in April

The government had shortlisted three merchant bankers for selling over 9.33 crore shares or 9.33 percent of its stake in MMTC in the current fiscal through an OFC. #Disinvestment #CompanyWatch #MMTC #Offer for sale

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Offer for sale route likely for BSE listing

Jan 07, 2013

Offer for sale route likely for BSE listing

With enough funds in hand, BSE listing essentially for exit to investors #CorporateStrategy #IPO #Offer for sale #BSE Listing