The government has sold 2.69 per cent stake in IndianOil through the Central Public Sector Enterprise Exchange Traded Fund. Executed on the stock exchanges, the sale brings down the Centre’s shareholding in IndianOil to 54.06 per cent. A statement from the company said that this is an off-market sale to Reliance Nippon Life Asset Management Limited.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.