EIL share sale: price band fixed at Rs 145-150/share

The government has set a price range of Rs 145-150 a share for the sale of a 10 per cent stake in Engineers India Ltd (EIL) starting on Thursday, aimed at garnering about Rs 500 crore. "In connection with EIL's further public offer of 3.37 crore equity shares through an offer for sale...the Empowered Group of Ministers (EGoM) has fixed the price band of Rs 145 to Rs 150," the oil consultancy firm said in a BSE filing. The pri...