MMTC Ofs for Divestment of 9.33% Paid up Equity of the Government of India Shareholding Done; Issue Overscribed by 1.55 Times; Government Expects to Realize Proceeds of Rs. 567.90 Crores.

MMTC Ofs for Divestment of 9.33% Paid up Equity of the Government of India Shareholding Done; Issue Overscribed by 1.55 Times; Government Expects to Realize Proceeds of Rs. 567.90 Crores. https://www.taxtmi.com/news?id=11257 An offer for sale divesting a minority portion of the Government's paid up equity in MMTC was completed on the stock exchanges, oversubscribed and attracting participation from insurance companies, banks and retail investors; merchant bankers managed the transaction and the divestment was effected to satisfy public shareholding requirements under the Securities Contract Regulations (Rules). en-us Thu, 13 Jun 2013 18:48:54 +0530 Thu, 13 Jun 2013 18:48:54 +0530 TaxTMI RSS Generator MMTC Ofs for Divestment of 9.33% Paid up Equity of the Government of India Shareholding Done; Issue Overscribed by 1.55 Times; Government Expects to Realize Proceeds of Rs. 567.90 Crores. https://www.taxtmi.com/news?id=11257 An offer for sale divesting a minority portion of the Government's paid up equity in MMTC was completed on the stock exchanges, oversubscribed and attracting participation from insurance companies, banks and retail investors; merchant bankers managed the transaction and the divestment was effected to satisfy public shareholding requirements under the Securities Contract Regulations (Rules). News - Thu, 13 Jun 2013 18:48:54 +0530 https://www.taxtmi.com/news?id=11257