Govt to sell 5% stake in NLC India for nearly $115m

Govt to sell 5% stake in NLC India for nearly $115m

BSE. Photo: Hemant Mishra/Mint

The government is likely to raise Rs750 crore by selling a 5% stake through an offer for sale (OFS) in NLC India Ltd (NLCIL), the finance ministry said in a statement on Wednesday.

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