The much awaited ONGC FPO has come across another stumbling block. Reports suggest that the FPO has been pushed back by 15 days due to price mismatch. RS Sharma, Former Chairman of ONGC told exclusively to CNBC-TV18 that a formal meeting will be held today to decide whether to proceed with the offer.
According to Sharma, the government may defer the offer because of the current stock price.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!
