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Mains issueGS-3News & Analysis07 July 2026

Govt to sell 5% stake in Cochin Shipyard at ₹1,400/share via OFS

Source: thehindu.comOriginal report

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Why now

01

The Indian government is selling a 5% stake in Cochin Shipyard Ltd (CSL) through an Offer for Sale (OFS) at a floor price of ₹1,400 per share. This move, managed by the Department of Investment and Public Asset Management (DIPAM), is part of the government's broader disinvestment strategy to achieve its budgeted target of ₹80,000 crore for the current fiscal year.

Core issue

02

The Indian government is selling a 5% stake in Cochin Shipyard Ltd (CSL) through an Offer for Sale (OFS) at a floor price of ₹1,400 per share. This move, managed by the Department of Investment and Public Asset Management (DIPAM), is part of the government's broader disinvestment strategy to achieve its budgeted target of ₹80,000 crore for the current fiscal year.

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