Govt to exercise greenshoe option in Cochin Shipyard OFS after receiving bids worth Rs 1,900 crore

The Centre has decided to exercise the greenshoe option in the Cochin Shipyard OFS after it received bids worth over Rs 1,900 crore from institutional investors on Wednesday. Institutional investors oversubscribed the portion of shares by placing bids for 1.28 crore shares as against 59.19 lakh shares offered.

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