The government on Tuesday said it will dilute 15 per cent stake in Rail Vikas Nigam Ltd via an offer for sale to raise nearly Rs 750 crore. The issue will open on Wednesday for non-retail investors, and on Thursday for retail investors. βOffer for Sale in RVNL opens tomorrow for Non Retail investors. Retail investors can bid on Thursday. Govt. would dive 10% equity with a 5% Green Shoe option,β Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said in a tweet. The floor priceβ¦
Read MoreGovt to sell 15% stake in Rail Vikas Nigam Ltd via OFS