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Government to sell 3% stake in NLC India through OFS, sets floor price at Rs 303

Posted on June 8, 2026
By Business News Today
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1 min read

Government to sell 3% stake in NLC India through OFS, sets floor price at Rs 303

The government has launched a two-day offer for sale in NLC India, aiming to divest up to 3% stake through a base offer and greenshoe option. The issue, priced at a discount to the market rate, could raise up to Rs 1,263 crore and forms part of the broader disinvestment programme.