Business Today
Loading...

Government dilutes 2.91 per cent stake in Coal India

The government's stake in the mining major has now come down to 66.14 per cent compared with 69.05 per cent

twitter-logoPTI | February 11, 2020 | Updated 22:13 IST
Government dilutes 2.91 per cent stake in Coal India
Representative Image

The Centre has offloaded 2.91 per cent stake in Coal India through the sixth further fund offer of CPSE ETF Mutual Fund scheme.

The government's stake in the mining major has now come down to 66.14 per cent compared with 69.05 per cent, the company informed the bourses in a release.

The exchange-traded fund (CPSE ETF), through which the central government dilutes stake in PSUs, opened its latest offering on January 30 with 12 stocks - of Coal India, NTPC, ONGC and Power Grid accounted for 79.5 per cent.

Also Read: Delhi Election Results Live Updates: Delhi listens to AAP ki baat! No Entry for Congress

Also Read: Finance minister Nirmala Sitharaman lists 7 green shoots in Indian economy

Also Read: 'Very competent doctors': Nirmala Sitharaman takes dig at Manmohan Singh in Lok Sabha

Youtube
  • Print

  • COMMENT
BT-Story-Page-B.gif
A    A   A
close