The Hindu·2 min read·medium
Govt to sell 5% stake in Cochin Shipyard at ₹1,400/share via OFS
M
M K Srinidhi _12409
✦AI Summary
The Indian government has announced an offer for sale (OFS) to divest a 5% stake in Cochin Shipyard at a floor price of ₹1,400 per share. The sale, which includes a green-shoe option, will be available to non-retail investors on July 7 and retail investors on July 8, 2026.
The government will sell up to 5% stake in Cochin Shipyard at a floor price of Rs 1,400 per share through an offer for sale beginning on Tuesday (July 7, 2026).
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