https://www.taxtmi.com/news?id=18293 Offer-for-sale divestment by Rashtriya Chemicals & Fertilizers Ltd saw the retail tranche oversubscribed ~5.62 times and the non-retail tranche ~2.14 times, producing an overall subscription of ~2.83 times for a 5% equity divestment. The OFS attracted demand well above the floor-priced shares offered, and completion of the sale will reduce government shareholding in the company to 75%. en-us Sat, 01 Jul 2017 10:39:33 +0530 Sat, 01 Jul 2017 10:39:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18293 Offer-for-sale divestment by Rashtriya Chemicals & Fertilizers Ltd saw the retail tranche oversubscribed ~5.62 times and the non-retail tranche ~2.14 times, producing an overall subscription of ~2.83 times for a 5% equity divestment. The OFS attracted demand well above the floor-priced shares offered, and completion of the sale will reduce government shareholding in the company to 75%. News - Sat, 01 Jul 2017 10:39:33 +0530 https://www.taxtmi.com/news?id=18293