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SAIL OFS helps govt get Rs 23,920 cr via disinvestment in FY13

Last Updated: Friday, March 22, 2013, 09:13

The 5.82 percent or 24.03 crore government share sale of SAIL barely managed to scrape through at the close of market hours Friday with foreign investors putting in only about Rs 200 crore.

SAIL floor price set at Rs 63/share; govt to raise Rs 1,514 crore

Last Updated: Thursday, March 21, 2013, 17:56

The government on Thursday decided to sell 5.82 percent stake in SAIL at a minimum price of Rs 63 apiece, a 1.41 percent discount to closing price, to raise Rs 1,514 crore.

Govt lowers stake sale in SAIL to 5.82%; floor price at Rs 66

Last Updated: Wednesday, March 20, 2013, 10:27

The SAIL issue would fetch the exchequer about Rs 1,587 crore at Rs 66 apiece, if subscribed fully.

EGoM meet on SAIL disinvestment postponed for tomorrow

Last Updated: Tuesday, March 19, 2013, 19:48

A crucial meeting of an inter- ministerial panel that was scheduled for Tuesday on disinvestment of government's 10.82 percent stake in steel major SAIL has been deferred for tomorrow amid political developments.