Today State-run Engineers India said that the ministry of petroleum and natural gas has granted its sanction to the offer, relating disinvestment of 10% of paid-up equity share capital of the company by way of `offer for sale`.
This offer constitutes its stake worth 33.70 million equity shares in the company.
At the BSE, on Monday, at 9.54 am, shares of the company gained Rs 5.15, to trade at Rs 320.95. The total volume of shares traded was 66,986.
