Government To Sell 10% In MOIL At Rs 365/Share On Tuesday

New Delhi: Government will sell 10 per cent stake in state-owned manganese miner MOIL on Tuesday at a floor price of Rs 365 a share, which will fetch around Rs 450 crore to the exchequer. The floor price is at a discount of 4.63 per cent over the closing price of MOIL at Rs 382.70 on the BSE. Retail investors will get a further discount of 5.20 per cent in the offer for sale (OFS), an official said. The government currently holds ...