The government is targeting the last week of November for its stake sale from Oil and Natural Gas Corporation Limited. The roadshows for the divestment will commence soon after the company reports its second quarter numbers.
The government is also likely to provide clarity on the subsidy sharing mechanism prior to the roadshow.
The divestment drive, government sources say, is not linked to the appointment of three independent directors.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
