<ul><li>The Indian government plans to sell up to 4.83% stake in Mazagon Dock Shipbuilders Ltd. through an offer for sale (OFS). The floor price for the stake sale has been set at Rs 2,525 per share.</li><li>The share sale will be conducted on Friday for non-retail investors and on Monday, April 7 for retail investors, employees, and non-retail investors carrying forward unallotted bids.</li><li>The base offer includes the sale of up to 1.14 crore shares, representing 2.83% of the company's total equity. Additionally, the government may offload 80.67 lakh more shares, or 2% stake, through an oversubscription option.</li><li>The floor price for the sale is set at Rs 2,525 per share, offering a discount of nearly 8% compared to the current market price.</li></ul>

Mazagon Dock OFS: Government To Sell Up To 4.83% Stake

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