Govt to sell up to 3 pc stake in Coal India; fixes floor price at Rs 225 per share

Updated: May 31 2023 9:32PM

New Delhi/ Kolkata, May 31 (PTI) The government will offload up to three per cent stake in Coal India Ltd through the offer for sale route starting on Thursday and the disinvestment will fetch at least Rs 4,158 crore for the exchequer.

This will be the first stake sale in a public sector undertaking by the government in the current financial year.

The floor price has been fixed at Rs 225 per share for the two-day Offer for Sale (OFS).