The government will sell up to 6% stake in Bank of Maharashtra through an offer for sale to help the lender meet the minimum public shareholding norms. Bidding will open for non-retail investors on Tuesday, while retail investors can participate on Wednesday. Floor price has been set at ₹54 per share, around 6% lower than Monday's closing price.
short by
Mansi Agarwal /
08:06 pm on
01 Dec