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NDTV PROFIT - LATEST · INDIAN ·

Government Denies Reports Of Cochin Shipyard OFS, Says No Stake Sale Planned At Present

As reported by NDTV Profit - Latest
Media reports had suggested the Centre could dilute a 6%-8% stake in Cochin Shipyard through an offer for sale to raise more than Rs 16,000 crore.
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The government has refuted media reports regarding an Offer For Sale (OFS) in Cochin Shipyard. Previously, speculation suggested the Centre might dilute a 6-8% stake, aiming to raise over Rs 16,000 crore. However, officials confirm no such stake sale is planned at present,…

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