US EditionMonarch, GSEC To Sell Up To 5.98% Stake In Diamond Power Via Offer For Sale
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Monarch, GSEC To Sell Up To 5.98% Stake In Diamond Power Via Offer For Sale
Monarch Infraparks Pvt. and GSEC Ltd, the promoters of Diamond Power Infrastructure Ltd., have announced an offer for sale of up to 3.15 crore equity shares.The sellers initially propose a base offer size to sell up to 2.1 crore equity shares, constituting 3.99% of the total issued and paid-up equity share capital, according to an exchange filing on Wednesday.Additionally, there's an oversubscription option to sell an extra 1.05 crore equity sha…
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