Coal India OFS for employees to open on June 21; Govt to sell 9.2 mn shares
The government will sell up to 92.44 lakh shares or 0.15 per cent stake in Coal India to its employees at a price of Rs 226.10 a share.
“The employee OFS (Offer for Sale) shall remain open from June 21, 2023 to June 23, 2023,” Coal India said in a stock exchange filing.
Under the share sale offer, 92,44,092 equity shares (representing 0.15 per cent of the total paid up equity share capital of the company) would be offered to eligible CIL employees at a price of Rs 226.10 per equity share.
