Press Trust of India / New Delhi Feb 22, 2010, 11:18 IST
State-run mining major NMDC Ltd today said it has filed final papers for its proposed follow- on public offer, through which the government is divesting its 8.38 per cent stake in the company.
"NMDC has filed a red herring prospectus (RHP) with the Registrar of Companies, Hyderabad for further public offer of 33.22 crore shares of Re 1 each by way of an offer for sale by the President of India," the country's largest iron ore producer said in a filing to the National Stock Exchange (NSE).