Latest Updates Around The World
The government on Wednesday decided to exercise the green shoe option to offload a higher 3 percent stake in Indian Overseas Bank through an offer for sale, following overwhelming response from investors on the first day of subscription.Indian Overseas Bank’s (IOB) OFS opened for subscription to non-retail investors on Wednesday at a floor price of […]
With the oversubscription of the offer-for-sale (OFS) of the State Bank of Maharashtra, the government is expected to realize about Rs 2,492 crore by diluting its 6 per cent stake in the bank.The allotment of shares would give the Pune-based lender a Minimum Public Shareholding policy that complies with Sebi norms. Bank of Maharashtra’s OFS […]
The government on Tuesday decided to exercise the green shoe option with the clear intention of offloading 6 percent stake in Bank of Maharashtra (BoM) through an offer for sale, following overwhelming response from investors on the first day of subscription. BoM’s OFS opened for subscription to non-retail investors earlier on Tuesday at a floor […]
