Govt to sell CIL stake

Govt of India
Govt of India

Government will sell 10 per cent stake on Friday in two tranches of 5 per cent. This would be the biggest equity offered in the Indian capital markets.

The Centre had announced that it will sell 5 per cent stake (31.58 crore shares) in CIL with an option to sell an additional 5 per cent stake via the green-shoe option, according to a stock exchange filing.