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BHEL to sell 5% equity through FPO

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  • Published On: May 23, 2011
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Power equipment major Bharat Heavy Electricals may soon come out with a follow on public offer. The government is looking to sell 5 per cent of its holding in the company, which will bring down its share to nearly 63 per cent. The government is expected to get Rs 5000 crore from the public issue.
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