The board has approved disinvestmnet of 11,54,14,000 equity shares of Rs 10/- each held as investment in Bharat Energy Ventures Ltd, BPL said in a release.
The said shares will be sold at a fair value of Rs 10/- each to Electronic Research Private Ltd, the release said.
The stock opened at Rs 21.90 and touched a high of Rs 22.55 so far. Over 285,000 shares were traded on both the stock exchanges so far.
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