President of India through Ministry of Coal completes Offer for Sale of NLC India Limited Equity Shares

President of India through Ministry of Coal completes Offer for Sale of NLC India Limited Equity Shares

President of India through Ministry of Coal completes Offer for Sale of NLC India Limited Equity Shares​

NLC India Limited saw a significant transaction as The President of India, acting through and represented by the Ministry of Coal, Government of India, sold equity shares under an Offer for Sale (OFS). The disposition was conducted over a two-day period between June 9, 2026, and June 10, 2026.

The transaction involved the sale of Equity Shares of NLC India Limited, generating a gross consideration of approximately 12,24,98,34,704.07. The sales process utilized the stock exchange mechanism, with trading executed on both the National Stock Exchange of India Limited and BSE Limited.

The details regarding the change in holding for the Promoter, which is the Ministry of Coal acting through the President of India, are outlined below:

DetailPrior to DisposalPost Acquisition/Disposal
Securities Held3,77,93,155 Equity Shares (representing 102.73% of paid-up equity share capital)96,33,63,407 Equity Shares (equivalent to 69.47% of the paid-up Equity Share capital)
Transaction TypeOffer for sale of shares through the stock exchange mechanism
Mode of Acquisition/DisposalOffer for sale of shares through the stock exchange mechanism

The transaction confirmed a reduction in the shareholding held by The President of India acting through the Ministry of Coal. This status update was provided to the exchanges on June 11, 2026.

No trading activity in derivatives was reported by the Promoter related to this transaction type.

DABUR Stock Price Movement​

Today, shares of Dabur India Limited shed 1.15% in the closing session, settling at ₹421.70 after a slight dip from yesterday's close. The stock finished the day having traded a total volume of 1.69 million shares.
 

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