Epic Update : NMDC

National Mineral Development Corporation (NMDC) at Rs 145-150 crore that could garner a maximum of Rs 5,947 crore to the exchequer as part of its Rs 30,000 crore disinvestment plan for the current fiscal. The government, which has 90 per cent holding in the iron ore producer NMDC, plans to divest 39.65 crore shares, amounting to 10 per cent of its equity through offer for sale on Wednesday, i.e., December 12.
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