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Govt plans to sell 20% stake in National Fertilizers Ltd
TIWN
TIWN
PHOTO : TIWN
Mumbai, Feb 10 (TIWN) Centre plans to sell 20 per cent stake in National Fertilizers Ltd (NFL) through 'offer for sale'.
"The GoI intends to disinvest 20 per cent paid up equity capital of NFL out of its shareholding of 74.71%, through 'Offer for Sale' (OFS) method of shares by promoters through the stock exchanges' as per Securities and Exchange Board of India (SEBI) Rule and Regulations," said a notification by the department.
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