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Government Sells 2.52% Stake in Cochin Shipyard at Rs 1,400 per Share via Offer for Sale
The Centre has launched an Offer for Sale of 2.52% equity in Cochin Shipyard Ltd at a floor price of Rs1,400 per share, with an additional 2.52% greenshoe option. Non-retail investors can bid on July 7, 2026, followed by retail investors on July 8. The divestment is part of broader maritime sector initiatives including the Rs25,000 crore Maritime Development Fund.
Jul 8, 2026 1 source