The government would clear sale of about 78.33 crore shares resulting in 9.5 per cent stake dilution in NTPC.The government currently holds 84.5 per cent stake in the Maharatna company. Post disinvestment, the government stake would come down to 75 per cent.NTPC became public with its initial public offering hitting the market in 2004. Thereafter in 2009, the government further diluted its stake in the company through Follow-on Public Offer
MANGALORE NEWS, PUTTUR NEWS, KASARAGOD NEWS, UDUPI NEWS, COASTAL UPDATE, KARNATAKA, KERALA NEWS
Thursday, 22 November 2012
Govt may clear 9.5% stake sale in NTPC
The government would clear sale of about 78.33 crore shares resulting in 9.5 per cent stake dilution in NTPC.The government currently holds 84.5 per cent stake in the Maharatna company. Post disinvestment, the government stake would come down to 75 per cent.NTPC became public with its initial public offering hitting the market in 2004. Thereafter in 2009, the government further diluted its stake in the company through Follow-on Public Offer
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