BHEL stake sale opens on Wednesday, govt may offload up to 5%
The government’s planned divestment in Bharat Heavy Electricals Ltd (BHEL) is set to kick off on Wednesday and the Centre plans to divest 3% stake, with a greenshoe option to sell and an additional 2%.
The offer for sale (OFS) for non-retail investors will open on Wednesday, while retail investors can place their bids on Thursday, the Department of Investment and Public Asset Management (Dipam) said in a statement on social media platform X.
