Shares of Bharat Electronics will remain on investors’ radars as the Central government is offering shares to the company’s employees. Bharat Electronics is offering 55.84 lakh shares through the offer-for-sale window at a price of ₹142.40 a share (5 per cent to discount to the cut-off price of ₹149.90). The offer opens for subscription on Monday (August 14) and will close on August 23. The Centre will raise ₹79.50 crore from the staff if the issue receives full subscription.
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