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The stake sale in Hindustan Copper through offer-for-sale (OFS) route by the Government of India will begin on Thursday. While the window is open for non-institutional investors on Thursday, retail investors can subscribe on September 30. The Government plans to sell up to 6.476 crore shares (or 7 per cent of the total paid-up share capital) through the OFS. The floor price of the offer is fixed at ₹62 a share. The Government may raise about ₹400 crore through the stake sale.
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