Skip to main content
← back
Must-Read

Mazagon Dock OFS: Govt to sell 4.83% in defence PSU

Update / Judgement Date

03 Apr 2025

Source

MSN

Author

Team — WCP Legal Desk

Reading Time

1 min read

PSU's AND Govt. UndertakingsStock Market

The Indian government is set to sell a 4.83% stake in defence PSU Mazagon Dock through an Offer for Sale (OFS). This move aims to increase government revenue and promote public sector disinvestment. The OFS will be open to retail and non-retail investors. It reflects the government's ongoing privatization efforts. This is a move to sell government assets.