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Bloomberg Quint

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Image Credit: Bloomberg Quint

Mazagon Dock OFS: Government Exercises Oversubscription To Sell 1.18% More Stake

  • The government exercises oversubscription to sell an additional 1.18% stake in Mazagon Dock Shipbuilders Ltd.
  • In addition to the base offer, the government will sell 47.69 lakh additional shares through the OFS.
  • The floor price for the sale is set at Rs 2,525 per share.
  • Mazagon Dock Shipbuilders is a key shipbuilding company catering to the Indian Navy and commercial maritime sector.

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