abstrak:NEW DELHI/BENGALURU, July 26 (Reuters) - The Indian government will sell a stake of up to 5.36% in s
NEW DELHI/BENGALURU, July 26 (Reuters) - The Indian government will sell a stake of up to 5.36% in state-owned Rail Vikas Nigam (RAIV.NS) this week, in a deal that could fetch 13.3 billion rupees ($162.12 million), an exchange filing showed on Wednesday.
The government, which owns a 78.2% stake in RVNL, has proposed to sell a 3.4% holding in the state-run railway infrastructure company, with an option to sell 1.96% more if oversubscribed.
The floor price for the sale has been set at 119 rupees per share, representing an over 11% discount to Rail Vikas stocks closing price on Wednesday.
Out of its 510 billion rupees divestment target for 2023/24, the government has garnered 42.3 billion rupees through sale of shares in other state-run firms.
In May, the Indian government sold a 3% stake in Coal India (COAL.NS).
($1 = 82.0366 Indian rupees)
Disclaimer:
Ang mga pananaw sa artikulong ito ay kumakatawan lamang sa mga personal na pananaw ng may-akda at hindi bumubuo ng payo sa pamumuhunan para sa platform na ito. Ang platform na ito ay hindi ginagarantiyahan ang kawastuhan, pagkakumpleto at pagiging maagap na impormasyon ng artikulo, o mananagot din para sa anumang pagkawala na sanhi ng paggamit o pag-asa ng impormasyon ng artikulo.
GO MARKETS
IC Markets
IG
SMART BALANCE
BBI Trading
SECURETRADE
GO MARKETS
IC Markets
IG
SMART BALANCE
BBI Trading
SECURETRADE
GO MARKETS
IC Markets
IG
SMART BALANCE
BBI Trading
SECURETRADE
GO MARKETS
IC Markets
IG
SMART BALANCE
BBI Trading
SECURETRADE