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On Thursday, NHPC OFS received an overwhelming response from institutional investors, such that the government decided to exercise the greenshoe option and sell an additional 1% stake in the renewable energy major. ....
The government proposes to sell an additional 100,450,348 shares, representing 1% of the total paid up capital of the company, in case of an oversubscription. The OFS will open for subscription to institutional investors on Thursday, and for retail investors on Friday. ....