SUUTI News
The government had planned to sell over 41.22 crore shares, or 5 per cent holding, through the two-day OFS, with an option to retain a similar portion in case of over- subscription.
The share sale through an offer for sale (OFS) will happen over two days?beginning tomorrow, an official said here.
Asia Index Private Ltd on Tuesday announced the launch of S&P BSE Bharat 22 Index to track the performance of select state-run companies in which the central government has divested its stake.
India sold a 2.5 percent stake in engineering and construction group Larsen & Toubro Ltd.
The ETF would be made up of the government`s stakeholdings in up to ten companies, including stakes in companies held through an offshoot of the Unit Trust of India known as SUUTI.
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