BSE Scrip: Not Specified
Announcement Date: August 4, 2026
Offer Details:
Type of Transaction: Offer for Sale (OFS) through stock exchange mechanism
Seller (Promoter): President of India acting through Department of Financial Services, Ministry of Finance, Government of India
Number of Shares Offered:
- Base Offer Size: 31,62,49,885 Equity Shares (2.50% of paid-up equity)
- Oversubscription Option Exercised: 50,59,99,816 Equity Shares (4.00% of paid-up equity)
- Total Offer Size: 82,22,49,701 Equity Shares (6.50% of total paid-up equity share capital)
Percentage of Paid-Up Equity: 6.50%
Timelines:
T Day (Non-Retail Investors): August 4, 2026
T+1 Day (Retail Investors and Carry-Forward Bids): August 5, 2026
Bidding Hours: Not Specified
Pricing & Allocation:
Floor Price: Not Specified
Retail Discount: ₹10 per equity share for Retail Investors and Employees bidding at Cut-Off Price. Retail Investors not bidding at Cut-Off Price will not get the discount.
Allocation Method:
Retail Category: 8,22,24,971 Equity Shares (10% of the total Offer Size) reserved for Retail Category on T+1 day (August 5, 2026)
Employee Category: Up to 50,00,000 Equity Shares reserved for eligible employees of the Corporation
Non-Retail Category: Allocation for non-retail investors not specified
Mutual Funds & Insurance Companies: Not Specified
Brokers & Settlement:
Seller's Brokers: Not Specified
Settlement Broker: Not Specified
Settlement Timelines: Not Specified
Withdrawal & Cancellation Conditions:
Withdrawal: Not Specified
Cancellation: Not Specified
Cooling-off Period Post Withdrawal: Not Specified
Other Noteworthy Information:
The offer is conducted through separate designated windows of BSE Limited and National Stock Exchange of India Limited.
The notice refers to OFS Guidelines governing the terms and conditions for employee allocation.
All capitalized terms not defined in this intimation letter have the same meanings as ascribed to them in the Notice dated August 3, 2026.