27
Oct
Bengaluru: The Union Government is selling 15 per cent of its equity stake in the state-owned Hindustan Aeronautics Ltd (HAL) at Rs 1,001 per share to raise about Rs 5,000 crore through an offer for sale (OFS), an official said on Wednesday. "The Defence Ministry has notified the stock exchanges in the evening on selling 15 per cent of its equity stake (5.01-crore shares) in the company at Rs 1,001 per share of Rs 10 face value through OFS," a company official told IANS here. The sale price of Rs 1,001 per share is a 15 per cent discount of the…