OFS of India
Tourism Development Corporation (ITDC) and State Trading Corporation (STC)
Subscribed and the Government will Receive Rs. 34.45 Crore as Divestment
Receipts
The
OFS for divestment of 5% GOI equity in India Tourism Development Corporation
(ITDC) and 1.02% equity in State Trading Corporation was done today on both the
Stock Exchanges i.e. BSE and NSE. The OFS was subscribed and the Government will
receive Rs. 34.45 crore as divestment receipts. Both the Companies have met the
public shareholding norms for CPSEs and have thus been made SCRR compliant.
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