<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Govt. Expected to raise 750 Crore through OFS of 5% shares of NLC India Limited; Overall Issue Subscribed 2.10 Times</title>
    <link>https://www.taxtmi.com/news?id=18957</link>
    <description>Disinvestment executed through Offer for Sale of government-held equity in NLC India Limited reduced the sovereign shareholding and allocated shares across retail and non-retail categories. The government initiated a base disinvestment of a specified percentage of paid-up equity with an option to retain oversubscription up to an additional tranche; trading for the non-retail book occurred at a disclosed floor price and the offer size was revised upward to accommodate oversubscription.</description>
    <language>en-us</language>
    <pubDate>Fri, 27 Oct 2017 10:04:09 +0530</pubDate>
    <lastBuildDate>Fri, 27 Oct 2017 10:04:09 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=493712" rel="self" type="application/rss+xml"/>
    <item>
      <title>Govt. Expected to raise 750 Crore through OFS of 5% shares of NLC India Limited; Overall Issue Subscribed 2.10 Times</title>
      <link>https://www.taxtmi.com/news?id=18957</link>
      <description>Disinvestment executed through Offer for Sale of government-held equity in NLC India Limited reduced the sovereign shareholding and allocated shares across retail and non-retail categories. The government initiated a base disinvestment of a specified percentage of paid-up equity with an option to retain oversubscription up to an additional tranche; trading for the non-retail book occurred at a disclosed floor price and the offer size was revised upward to accommodate oversubscription.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Fri, 27 Oct 2017 10:04:09 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=18957</guid>
    </item>
  </channel>
</rss>