India Sells Up to 6% Stake in Hindustan Copper at Rs 514 Share Price
The Indian government has announced plans to sell up to 6% of its stake in Hindustan Copper through an Offer for Sale (OFS).
The sale will be conducted at a floor price of Rs 514 per share, with the option to divest an additional 3% if oversubscribed.
Of the total shares offered, 10% will be reserved for retail investors and another 25,000 shares will be set aside for eligible employees.