Government sells 3% stake in BHEL through OFS and sets floor price at Rs 254 per share

The government will sell 3% stake, representing over 10.44 crore shares in Bharat Heavy Electricals Limited (BHEL), through an offer for sale (OFS). The PSU has fixed the floor price at Rs 254 per share.The government has also retained an over-subscription option to sell an additional 6.96 crore shares, equivalent to 2% equity, which would […]