Hindustan Copper Limited: Offer for sale by Government of India
The Ministry of Mines, representing the President of India (GOI), announced an OFS of 2,90,10,721 equity shares (face value ₹5 each) in Hindustan Copper Limited. The floor price was set at ₹514 per share, implying a transaction value of approximately ₹149 crores at floor. The offering was bifurcated: non-retail investors (HNIs/institutions) bid on 25 Aug 2026 (9:15 a.m.–3:30 p.m. IST); retail investors on 26 Aug 2026 (9:15 a.m.–3:30 p.m. IST), each on a separate window of NSE and BSE. This is a Government of India disinvestment exercise, reducing stake in a central public sector undertaking (CPSU).
Why it mattersDisinvestment via exchange-traded OFS mechanism triggers disclosure, listing compliance, and SEBI insider trading restrictions; counsel must advise on quiet period and price stabilization rules during the two-tranche offering window.
SectorMetals & Mining
Value₹149 cr (approx)
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Sources
- NSE Archives – Corporate Announcements (Official NSE Filing) · official
- National Stock Exchange (NSE) – Corporate Actions · official
- BSE Limited – Corporate Announcements · official
- Ministry of Mines, Government of India – Press Release · official
- Hindustan Copper Limited – Investor Relations · official
- SEBI – Market Conduct & Listing Regulations · official
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