Business

Govt proposes to sell up to 3.5% stake in HAL



BENGALURU: The government is planning to sell up to 3.5% stake in aerospace and defence company Hindustan Aeronautics Ltd, according to an exchange filing on Wednesday.
The stake sale would be valued at Rs 28.67 billion ($347.05 million), based on a floor price of Rs 2,450 apiece.


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