Tag
Disinvestment
6 articles
The Indian government is actively pursuing divestment to bolster fiscal revenues, utilizing Offer for Sale (OFS) mechanisms to reduce stakes in state-owned enterprises. Recent actions include sales in Life Insurance Corporation of India (LIC), Indian Railway Finance Corporation, GIC India, and NLC India, collectively aiming to meet minimum public shareholding requirements and generate proceeds. These divestments, executed through stock exchanges with reserved portions for retail and institutional investors, signal a continued commitment to privatization and could influence market sentiment regarding government-owned entities, potentially creating opportunities for private sector participation while also introducing volatility.
ITDC FY26 Profit Rises 2.7% to ₹840.2 Crore
ITDC reported FY26 standalone net profit of ₹840.2 crore, up 2.7% YoY, with revenue of ₹5,583.5 crore and recommended a 29.5% dividend.
Auditors issued qualified opinion citing MSMED Act non-complianc
ITDC FY26 Profit Rises 2.7% Amid Disinvestment Process
ITDC reported 2.7% net profit growth to ₹84.02 crore despite 6.8% revenue decline, with auditors issuing qualified opinion on MSME compliance and revenue recognition issues.
The company faces ₹109,282
Shah Alloys Restructures After Plant Closure with ₹91.6Cr Gains
Shah Alloys closed its steel plant in August 2025 due to technological obsolescence and reported standalone revenue decline to ₹37.27 crore from ₹266.52 crore.
The company realized exceptional gains o
LIC OFS: Government Selling 2.5-6.5% Stake
Government of India announces Offer for Sale of up to 6.5% stake in Life Insurance Corporation of India to achieve minimum public shareholding.
Base offer size is 31.62 crore shares (2.5%) with an ove
Indian Railway Finance 2% OFS by Government
Government of India proposes Offer for Sale of up to 2% equity shares in Indian Railway Finance Corporation Ltd.
Base offer size is 1% (13.07 crore shares) with an equal oversubscription option, at a
GIC India Promoter Sells 5% Stake via OFS
Ministry of Finance sold 8.77 crore GIC India shares via offer for sale, reducing its stake from 82.40% to 77.40%.
The transaction was executed on NSE and BSE on June 16-17, 2026, with gross considera