Mumbai, Feb. 11 -- The Government of India, the company's promoter, is offering a base lot of 10.44 crore shares, representing 3.00% of the company's equity. The offer includes an oversubscription option for an additional 6.96 crore shares or 0.79% stake, taking the total potential divestment to 17.4 crore shares, or 5.00% stake.

The floor price has been set at Rs 254 per share, a discount of 7.99% to the stock's previous close of Rs 276.05 on January 27, 2026.

The OFS opened on February 11 for non-retail investors. Retail investors can participate on February 12, along with non-retail bidders carrying forward unallotted bids. The offer is being conducted through a special window on the BSE and NSE during market hours.

By 2:00 p.m. on ...