Govt to sell 4.92% stake in SJVN at Rs 69 per share

The government will sell 4.92% stake in SJVN at a floor price of Rs 69 per share through a two-day offer for sale, an official said.

“Offer for sale in SJVN opens tomorrow for non-retail investors. Retail investors can bid on Friday. Government will divest 4.92% equity, including a green shoe option of 2.46%,” DIPAM Secretary Tuhin Kanta Pandey posted on X.

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