Government to Sell Up to 4.9% Stake in SJVN
The sale will help government achieve minimum public shareholding set out by the capital market regulator
September 21, 2023
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The Indian government is set to divest up to 4.92% of its stake in the state-owned power company SJVN through an Offer for Sale (OFS). The floor price for this stake has been set at ₹69 (~$0.83)/share.