Shares of Bharat Electronics will remain on investors’ radars as the Central government is offering shares to the company’s employees. Bharat Electronics is offering 55.84 lakh shares through the offer-for-sale window at a price of ₹142.40 a share (5 per cent to discount to the cut-off price of ₹149.90). The offer opens for subscription on Monday (August 14) and will close on August 23. The Centre will raise ₹79.50 crore from the staff if the issue receives full subscription.
Related Articles
Prime Minister Shram Awards for the Year 2014 Announced
February 10, 2016
Medical Helpline launched in ONGC
March 23, 2016
Leave a Reply
You must be logged in to post a comment.