Govt to sell 15% stake in Hindustan Copper
Govt to sell 15% stake in Hindustan Copper

As part of its disinvestment plans via stake sale in public enterprises during this fiscal, government will sell 15 percent of its shareholding in Hindustan Copper Ltd, Parliament was informed on Friday.

Hind Copper share sale fully subscribed, govt gets Rs 260 cr

The government garnered Rs 260 crore from stake sales of Hindustan Copper which got over- subscribed by 1.14 times of the shares on offer Wednesday.

Hindustan Copper stake sale Wednesday, base price is Rs 70/share

The base price for government's 4.01 percent stake sale in Hindustan Copper Wednesday has been fixed at Rs 70 apiece which will garner a minimum of Rs 260 crore to the exchequer.

EGoM to decide on Hindustan Copper stake sale on Tuesday

"The meeting of the EGoM on disinvestment is scheduled to meet on July 2," an official said, adding that the stake sale would happen the day after.

Hind Copper stake sale receives bids worth Rs 603 crore

A total of 3,89,12,793 shares, worth Rs 603.14 crore, were bid for at the close of trading hours, according to data available from the stock exchanges.

Hindustan Copper sale price fixed at Rs 155/share; issue opens Friday

The government has set Rs 155 as the floor price for sale of four percent stake in Hindustan Copper (HCL), hoping to garner at least Rs 573.63 crore from the maiden disinvestment so far in the current fiscal.