India to Dilute 92.44% IOB Stake via OFS to Meet SEBI's 25% Float Rule

Government must offload ~17.5pp of Indian Overseas Bank through an Offer for Sale to comply with minimum public shareholding norms; short-term supply pressure likely but long-term float improvement seen as positive.

ndtv-profit-business · 7/13/2026, 10:46:52 AM · Ask about this →