Govt to sell 5.3% in Bhel, eyes Rs 4,650cr

The government is divesting approximately 5.3% of its stake in Bhel through an Offer for Sale (OFS), aiming to raise around Rs 4,650 crore. The OFS, with a floor price of Rs 254 per share, …

The government is divesting approximately 5.3% of its stake in Bhel through an Offer for Sale (OFS), aiming to raise around Rs 4,650 crore. The OFS, with a floor price of Rs 254 per share, will be open for institutional investors on Wednesday and retail investors and employees on Thursday.

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