Stocks

Sona Koyo Steering: Offer-for-sale opens

Updated on: Apr 05, 2018

Shares of Sona Koyo Steering Systems will remain in focus, as JTEKT Corporation, promoter of the company, proposes to sell up to 35.148 lakh shares on April 6 (for non-retail investors) and on April 9 (for retail investors and for non-retail investors who wish to carry forward their bids). This represents 1.77 per cent of the total paid-up share capital of company. Maruti Suzuki-owned Sona Koyo Steering has fixed the floor price for the offer at ₹85 a share.

Published on April 05, 2018

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