Last evening, the government had set the floor price for selling NMDC's 39,64,71,600 shares at Rs 147 per share, a 7.7% discount over the
iron ore miner, NMDC, NMDC stakec, NMDC by selling, National Mineral Development Corporation
Wednesday, 12 December 2012
NMDC share sale at bourses
The state-run iron ore miner National Mineral Development Corporation (NMDC)'s share sale programme for diluting 10% of government's stake at Rs 147 a share commenced today at leading bourses. The disinvestment through the offer for sale (OFS) route will close at 3.30 pm today and if fully-sold, it would fetch Rs 5,828 crore to the cash-pressed exchequer.
Last evening, the government had set the floor price for selling NMDC's 39,64,71,600 shares at Rs 147 per share, a 7.7% discount over the
Last evening, the government had set the floor price for selling NMDC's 39,64,71,600 shares at Rs 147 per share, a 7.7% discount over the
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