Government to Sell 3 Percent Stake in NLC India via OFS

June 8, 2026, business coverage tracked corporate, market, or policy moves affecting investors.

The government invited bids to sell up to a 3 percent stake in NLC India Ltd. through an offer for sale on June 8, 2026.

The floor price was set at ₹303 per share according to divestment department filings.

The transaction forms part of the Centre’s ongoing PSU stake-sale calendar for the fiscal year.

Corporate announcements and exchange intimation forms dated June 8, 2026, provide the documentary basis for the reporting.

Analyst notes cautioned that near-term market volatility could affect timing of related transactions.

 

Created by Ayen Stabel.

 

Stabel is AI and can make mistakes.

Sources:

https://timesofindia.indiatimes.com/business/india-business/disinvestment-push-government-to-sell-up-to-3-stake-in-nlc-india-at-rs-303-per-share/articleshow/131592747.cms

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