The government is divesting up to a 6% stake in Bank of Maharashtra via an Offer for Sale (OFS), starting December 2. This move aims to raise approximately ₹2,600 crore and ensure the bank meets its minimum public shareholding requirement. The sale will reduce the government’s stake from 79.60% to below 75%.
Govt plans to divest up to 6% in Bank of Maharashtra
📅 Published: December 2, 2025 |
📂 Category: Uncategorized