The Union government on Wednesday announced disinvestment of up to 3.5% stake in Hindustan Aeronautics (HAL) to raise about `2,867 crore. The offer for sale (OFS) issue will be open from Thursday-Friday.
The floor price for the offer has been set at `2,450 per equity share, at a discount of 6.7% to the closing price of `2,625/share on the BSE on Wednesday.
