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Valid bids worth Rs. 12,766.75 crore received through disinvestment of 42,04,16,170 shares of ONGC; Volume weighted average price was Rs. 303.67 per share against floor price of Rs.290

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..... Valid bids worth Rs. 12,766.75 crore received through disinvestment of 42,04,16,170 shares of ONGC; Volume weighted average price was Rs. 303.67 per share against floor price of Rs.290 - News and Pres .....

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..... s Release Dated:- 2-3-2012 - News - Press Information Bureau Government of India Ministry of Finance 02-March-2012 18:30 IST The offer for sale of shares through Stock Exchange mecha .....

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..... nism for disinvestment of 5% paid-up equity capital of ONGC comprising of 42,77,74,504 shares was conducted on both NSE and BSE on 01 st March, 2012 following SEBI s recently announced Guidelines. T .....

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..... he details of the bids received are as under: Bid Details No. of bids No. of shares Bid Amount in Rs. in crore Total bids received 3982 54,06,1 .....

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..... 2,890 16460.02 Total bids cancelled by members or due to insufficient funds 1219 12,01,96,720 3693.27 Valid bids 2763 42,04,16,170 12766.75 .....

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..... The Volume Weighted Average Price was Rs.303.67 per share against Floor Price of Rs.290/-. .. DSM/SS/HB - News - Press release - PIB Tax Management India - taxmanagementindia - ta .....

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..... xmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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