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Government To Sell 10% Stake In SAIL, Stock Falls 8%
14 Jan 2021, 10:11 AM IST 
The government has set floor price of the proposed share sale of SAIL at Rs 64 per share.
The government has decided to sell up to 20.65 crore shares or 5 per cent of total equity of Steel Authority of India Limited (SAIL) through an offer for sale (OFS), the company said in a regulatory filing on Wednesday. The centre also has an greenshoe option to sell an additional 20.65 crore shares in the company.
