{"id":594036,"date":"2023-07-28T09:25:35","date_gmt":"2023-07-28T03:55:35","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=594036"},"modified":"2023-07-28T10:01:27","modified_gmt":"2023-07-28T04:31:27","slug":"rvnl-dips-7-as-government-to-offload-over-5-stake-via-ofs-starting-today","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rvnl-dips-7-as-government-to-offload-over-5-stake-via-ofs-starting-today\/","title":{"rendered":"RVNL dips 7% as government to offload over 5% stake via OFS starting today"},"content":{"rendered":"<p>Shares of Rail Vikas Nigam Limited (RVNL) dipped 7 per cent to Rs 125.50 on the BSE in Thursday\u2019s intra-day trade after the government decided to divest 5.36 per cent stake in the civil construction company via an offer for sale (OFS). <\/p>\n<p>The government fixed the floor price of Rs 119 per share for the offer, which opens today and closes tomorrow (July 28). The offer is being undertaken by the government to achieve a minimum public shareholding in the company. As on June 30, 2023, the government through President of India held 78.20 per cent stake in RVNL.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Rail Vikas Nigam Limited (RVNL) dipped 7 per cent to Rs 125.50 on the BSE in Thursday\u2019s intra-day trade after the government decided to divest 5.36 per cent stake in the civil construction company via an offer for sale (OFS). The government fixed the floor price of Rs 119 per share for the offer, which opens today and closes tomorrow (July 28). The offer is being undertaken by the government to achieve a minimum public shareholding in the company. As on June 30, 2023, the government through President of India held 78.20 per cent stake in RVNL.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,256],"tags":[],"class_list":["post-594036","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-railways-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/594036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=594036"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/594036\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=594036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=594036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=594036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}