💨 Abstract

The Indian government plans to sell up to 2.5% stake in Hindustan Zinc, with a floor price of Rs 505 per share, raising over Rs 5,000 crore. The offer for sale (OFS) opens on Wednesday for institutional investors and on Thursday for retail investors. The government is selling over 5.28 crore shares, equivalent to 1.25% stake, with an additional 1.25%

Courtesy: theprint.in

Summarized by Einstein Beta 🤖