Govt to sell up to 5.04% stake in Cochin Shipyard via OFS

The government has launched an Offer for Sale (OFS) in state-owned Cochin Shipyard, planning to sell a 2.52% stake with an option to offload another 2.52%. The floor price has been set at ₹1,400 per share. The OFS will open for institutional investors on July 7 and retail investors on July 8.