Govt to sell 5% stake in Cochin Shipyard at ₹1,400/share via OFS
The Indian government has announced an offer for sale (OFS) to divest a 5% stake in Cochin Shipyard at a floor price of ₹1,400 per share. The sale, which includes a green-shoe option, will be available to non-retail investors on July 7 and retail investors on July 8, 2026.
Why it matters
This divestment is part of the government's broader fiscal strategy to meet its annual target of ₹80,000 crore through public sector unit asset monetization.
The government will sell up to 5% stake in Cochin Shipyard at a floor price of Rs 1,400 per share through an offer for sale beginning on Tuesday (July 7, 2026).
The article provides factual reporting on government policy and market data without using loaded language or expressing an editorial opinion.
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