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India Sets NHPC OFS Floor at Rs 71, Plans Up to 6% Stake Sale

India Sets NHPC OFS Floor at Rs 71, Plans Up to 6% Stake Sale

The Indian government set a floor price of Rs 71 for an offer for sale in NHPC and plans to divest up to a 6% stake. The OFS opens to non-retail investors on June 2 and to retail investors on June 3.

Original headline

Govt sets NHPC OFS floor price at Rs 71, plans to sell up to 6% stake