You are here: Home » PTI Stories » National » News
Business Standard

Govt dilutes 2.91pc stake in Coal India

Press Trust of India  |  Kolkata 

The Centre has offloaded 2.91 per cent stake in Coal India through the sixth further fund offer of CPSE ETF Mutual Fund scheme.

The government's stake in the mining major has now come down to 66.14 per cent compared with 69.05 per cent, the company informed the bourses in a release.

The exchange traded fund (CPSE ETF), through which the central government dilutes stake in PSUs, opened its latest offering on January 30 with 12 stocks - of Coal India, NTPC, ONGC and Power Grid accounted for 79.5 per cent.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, February 11 2020. 21:36 IST