Govt fixes Maruti floor price at Rs 620/share

The government today fixed a floor price of Rs 620 per share for selling its 8% stake in Maruti.

This was decided at a meeting of the empowered group of ministers, a senior finance ministry official said.

The last date for submitting the bids is January 11. A total of 36 public sector financial institutions have submitted their expressions of interest for Maruti shares.