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Government to Divest up to 15% Stake in Hindustan Aeronautics
The floor price for the offer has been fixed at Rs 1,001 per share The OFS will take place on a separate window on the stock exchanges The government currently holds an 89.97 stake in Hindustan Aeronautics
27 Aug 2020, 11:33 AM IST 
The government currently holds an 89.97 per cent stake in Hindustan Aeronautics.
The government will sell up to 15 per cent stake in Hindustan Aeronautics Limited (HAL) through offer for sale (OFS), Hindustan Aeronautics said in a regulatory filing to the stock exchanges. The floor price for the offer has been fixed at Rs 1,001 per share, which is a 15 per cent discount to Wednesday's closing price of Rs 1,177.75.
